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Ross Stores Inc. Message Board

  • marty81274 marty81274 Oct 4, 2012 10:36 AM Flag

    Is there sonmething I missed

    Ross increased guidance by alost 10% and beat same store sales. What's wrong with this picture when this POS is down 2% anyways on all this good news

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    • Well, when it comes to bad news the saying goes: Sell First Ask Questions Later! When it comes to good news investors are slow to respond! I went through a similar experience with DIS about a month ago, everybody and their brother was recommending the stock, ESPN signed a huge $5.3 billion deal with Major League Baseball (DIS owns ESPN) and yet nothing, after about a week or so DIS climbed up to to almost $53; lets hope ROST follows a similar pattern.

      Sentiment: Buy

    • Ross Stores (ROST:$64.79,00$-1.895,0-2.84%) is down 1.73%, after posting comps of +5%, better than the Retail Metrics consensus of +4.3%. It said it expects Q4 EPS of $0.99 to $1.04, which, excluding an estimated $0.08 to $0.09 in special items, would be lower than the Capital IQ consensus estimate of $1.04.

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