Stock Alert : Top Stock Earnings Surprises (PETM, NTES, LTD)

PetSmart, Inc. (NASDAQ:PETM) fell 2.41% to $31.56 after  PetSmart Inc posted a strong first-quarter profit (PETM.O), but the pet products retailer said second-quarter gross margins would be the weakest in the year due to certain revamps at its stores. For the second quarter, the company expects to earn 33 cents to 37 cents a share and it expects same-store sales to grow in the low-to-mid-single digits.

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NetEase.com, Inc. (ADR) (NASDAQ:NTES) plunged 6% to $29.29 after  after missing earnings estimates by a wide estimate today. The company reported EPS of $0.51 compared to Wall Street expectations of $0.61.

Limited Brands, Inc. (NYSE:LTD) slid 1.60% to $24.10 after he operator of Victoria's Secret and Bath & Body Works gave a disappointing outlook.The retailer beat Wall Street forecasts in its first quarter, helped by revived sales and fatter profit margins, but the midpoint of a second-quarter profit forecast fell short of estimates.

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