Wednesday, 23 May 2007

Ross Stores outlook below estimates, shares fall

(Reuters) - Ross shares were down 1.3 percent to $33.65 in premarket trading, after closing Tuesday at $34.10 on the Nasdaq.




Net income for the latest quarter that ended on April 29 was $67.0 million, or 48 cents per share, in line with analysts' average forecast as compiled by Reuters Estimates, compared with $59.2 million, or 41 cents per share, a year earlier.


Read more at Reuters.com Hot Stocks News

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