Key Developments For Ross Stores, Inc.
Ross Stores, Inc. (ROST.O) (Nasdaq)
Ross Stores, Inc. Reiterates Q4 2009 EPS And Comparable Store Sales Outlook; Raises FY 2009 EPS Outlook
Ross Stores, Inc. reiterated its fourth quarter of 2009 outlook and expects same store sales gains of 5%-6% and earnings per share (EPS) in the range of $0.88-$0.94. For fiscal 2009, it now project EPS of $3.27-$3.33.
Ross Stores, Inc. Announces Quarterly Dividend
Ross Stores, Inc. announced that the Company's Board of Directors declared a regular quarterly cash dividend of $0.11 per common share, payable on December 31, 2009, to stockholders of record as of December 8, 2009.
Ross Stores, Inc. Raises Q3 2009 EPS Guidance
Ross Stores, Inc. announced that for third quarter of 2009, it expects earnings per share (EPS) to be in the range of $0.83-$0.84, up from prior guidance of $0.75-$0.77 and compared to $0.44 in the third quarter of 2008. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.77 for the same period.
Ross Stores, Inc. Raises Q3, FY 2009 EPS Outlook; Reiterates Q4 2009 EPS And Comparable Store Sales Outlook
Ross Stores, Inc. raised its third quarter of 2009 outlook and expects earnings per share (EPS) to be in the range of $0.75-$0.77. The forecasted upside from its previous EPS outlook of $0.57-$0.63 is being driven mainly by favorable shortage results from its annual physical inventory of stores in September. It reiterated fourth quarter of 2009 outlook and expects comparable store sales gain of 5%-6% and EPS of $0.88-$0.94. For fiscal 2009, it now expects EPS to be in the range of $3.18-$3.26. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.63 for third quarter of 2009; EPS of $0.94 for fourth quarter of 2009 and EPS of $3.12 for fiscal 2009.
Ross Stores, Inc. Reaffirms Same Store Sales Outlook For September And October, 2009
Ross Stores, Inc. announced that it continues to forecast same store sales gains of 6% to 7% for September and 5% to 6% for October, 2009.
