Dallas, TX 11/19/2009 11:54:04 PM
News / Business

Ross Stores Stock (NASDAQ:ROST) Q3 Earnings In-line, Shares fall on weak Outlook

Earnings Stock

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Ross Stores, Inc. (NASDAQ:ROST) fell 3.50% to $44.49 after it reports Q3 EPS of $0.84, in-line with the analyst estimate of $0.84. Revenue for the quarter was $1.74 billion, which compares to the estimate of $1.73 billion.

It reaffirms Q4 EPS of $0.88-$0.94, versus the consensus of $0.99.

It sees FY10 EPS of $3.27-$3.33, versus the consensus of $3.37. On track to complete rest of $70 million buyback by year end.

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