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Author: WtinkyBoo One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 66  
Subject: Re: NASDAQ 100 Trust Date: 2/11/2003 4:57 PM
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I saw the NASDAQ 100 listing on a different board and should have posted it here. There was a review of the January earnings on Yahoo on the 6th. Ross is looking up for the coming year as the economy is still down and people are looking to buy at discount.


Dow Jones Business News
Ross Stores Sales
Thursday February 6, 10:18 am ET


NEWARK, Calif. (Dow Jones)--Ross Stores Inc.'s January same-store sales fell 2% due to low levels of seasonal clearance, cold weather and department store promotions.
The January sales decline is in line with analysts' expectations.

But despite the "disappointing" January sales results, the company said it is backing fourth-quarter and fiscal 2002 earnings estimates, and said it sees growth in the current first-quarter and for all of fiscal 2003.

Ross Stores also boosted its quarterly dividend 21%, to 5 3/4 cents.

In a press release Thursday, Ross, an off-price retailer, said it still expects to report fourth-quarter earnings of 74 cents a share and fiscal 2002 earnings of $2.52 a share; both estimates meet Wall Street predictions.

In the year-ago periods, the company reported fourth-quarter earnings of 62 cents a share and $1.91 for the full year.




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