Ross stock rallies more than 7% after Q4 beat, plan to open more stores
Ross Stores Inc. shares rose more than 7% in the extended session Tuesday after the retailer topped Wall Street expectations for its fourth quarter, said it plans to open more stores, and announced a dividend increase. Ross said it earned $367 million, or $1.04 a share, in the quarter, compared with $456 million, or $1.28 a share, in the year-ago period. Sales rose to $5 billion, from $4.4 billion a year ago, Ross said. FactSet consensus called for EPS of 95 cents on sales of $4.95 billion. "We... Читать дальше...