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The Earth Times Online Newspaper (Free subscription) | 11/20/2008
PLEASANTON, Calif., Nov. 20 -- Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $.095 per common share, payable on
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Just Style (Free subscription) | 11/19/2008
Off-price retailer Ross Stores Inc has posted a 17.7% jump in third quarter profit, helped by higher margins, lower inventory and expenses, but cut its outlook for the fourth quarter in expectation of "a very promotional" holiday season.
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The San Francisco Business Times (Free subscription) | 11/19/2008
Ross Stores Inc. on Wednesday reported an 18 percent increase in third-quarter income on reduced inventory and expenses. (ROST)
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InformedTrades (Free subscription) | 11/19/2008
NEW YORK (MarketWatch) -- Ross Stores Inc. said Wednesday that its third-quarter earnings were $57.3 million, or 44 cents a share, compared to $48.7...
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Reuters (Free subscription) | 11/19/2008
NEW YORK (Reuters) - Ross Stores Inc said quarterly profit rose a better-than-expected 18 percent on inventory management and cost-cutting, but it trimmed its holiday forecast as even bargain-hungry shoppers cut back amid a global financial meltdown.
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Market Watch (Free subscription) | 11/19/2008
NEW YORK (MarketWatch) -- Ross Stores Inc. said Wednesday that its third-quarter earnings were $57.3 million, or 44 cents a share, compared to $48.7 million, or 36 cents, in the same period a year ago. Sales rose 6% to $1.56 billion and same-store sales were even with the prior year period. Analysts polled by FactSet Research estimated, on average, earnings per share of 44 cents and sales of $1.58...
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PR News Wire (Free subscription) | 11/19/2008
Mr. Balmuth continued, "Operating margin in the third quarter increased about 70 basis points to 6.1%, as a 130 basis point gain in gross margin was partially offset by a 60 basis point increase in selling, general and administrative expenses. Higher merchandise margin was the main driver of this improved profitability, as strict inventory management increased our open-to-buy position and drove faster...
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SeekingAlpha Retail Stocks (Free subscription) | 11/18/2008
Ross Stores (ROST) is expected to report Q3 earnings before market open Wednesday, November 19, with a conference call scheduled for 11:00 am ET. Guidance Analysts are looking for a profit of 43c on revenue of $1.56B. The consensus range is 42c to 44c for EPS, and revenue of $1.56B to $1.63B, according to First Call. On November 6, Ross Stores reported its October same-store sales fell 2% with sales...
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The Sacramento Business Journal (Free subscription) | 11/06/2008
Ross Stores Inc. on Thursday said unseasonably warm weather and pressure from challenging economic conditions had impacted its same-store sales in October.
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Market Watch (Free subscription) | 11/06/2008
NEW YORK (MarketWatch) -- Ross Stores Inc. said Thursday its October sales at stores open at least one year fell 2%. Analysts, on average, had expected the same-store sales to fall 0.8%, according to Thomson Reuters. Total sales for the four weeks ended Nov. 1 rose 4% to $490 million. President and Chief Executive Michael Balmuth said Ross now estimates third-quarter earnings per share to come in...
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The San Francisco Business Times (Free subscription) | 10/09/2008
Discount clothing seller Ross Stores Inc., which had robust sales growth this summer as people sought bargains in economic uncertainty, saw its same-store sales fall 2 percent in September. (ROST)
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Market Watch (Free subscription) | 10/09/2008
NEW YORK (MarketWatch) -- Ross Stores Inc. said Thursday that its same store sales for the five weeks ended October 4, fell 2% compared to the similar period last year. Total sales for the five weeks ended October 4 rose 5% to $561 million, compared to $537 million in sales for the five weeks ended October 6, 2007. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they...