Ross Stores Reports Earnings Results: What Should Investors Think?

Filed under: Earnings Reports

Earlier in the week, I exhibited a bearish tone on Ross Stores (ROST). I haven't had a change of heart necessarily, but I do have to concede that the company's latest earnings report, issued yesterday morning, was a good one.



According to Reuters, Q4 net profit increased 18% to $1.37 per share. While this number merely met Wall Street's projection, I enjoyed the growth rate. Furthermore, same-store sales experienced a healthy 4% expansion.

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Ross Stores Reports Earnings Results: What Should Investors Think? originally appeared on BloggingStocks on Fri, 18 Mar 2011 18:00:00 EST. Please see our terms for use of feeds.

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