Ross Stores, which operates Ross Dress for Less and DD's Discounts, may be forced to raise prices on some products, executives said during the company's first quarter earnings call on May 22.

Ross Stores expects second-quarter earnings to be in the range of $1.40 to $1.55 per share, which includes a cost impact of $0.11 to $0.16 per share from announced tariffs.

Ross Stores is up 10.3% during the same time and is heading into earnings with an average analyst price target of $155.93 (compared to the current share price of $152.15).

Tracking Ross Stores's Stock Performance Shares of Ross Stores were trading at $154.24 as of May 20. Over the last 52-week period, shares are up 16.44%.