Ross Stores (ROST) Oct Comps Up 14%; Guides Higher
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Ross Stores, Inc. (Nasdaq: ROST) October Comps rose 14% to $557 million.
For the thirteen weeks ended October 31, 2009, sales were $1.744 billion. Comparable store sales for the quarter ended October 31, 2009 were up 8% on top of flat same store sales in the prior year period.
For the quarter Ross Stores sees EPS in the range of $.83 to $.84, up from our prior guidance of $.75 to $.77 and compared to $.44 in the third quarter of 2008. The consensus is $.76.
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GuidanceRetail Sales
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