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Earnings Watch For March 15 (ROST, SCHL, WGO, WNI)

Ross Stores, Inc. (ROST) is scheduled to post results for the fourth quarter. The off-price retail store chain is expected to record a profit of $0.85 per share compared to $0.69 per share last year, with revenues estimated at $2.39 billion. The company's shares closed regular trade on Wednesday at $56.57. (The stock up about 21% in Q4; MA(50)- $52.24; MA(100)- $48.73; 52-wk H/L $57.20/$33.50)

Scholastic Corp. (SCHL) is due to report quarterly results. For the third quarter, the company is expected to report a loss of $0.70 per share on revenues of $393 million. In the year-ago quarter, the company reported loss of $0.68 per share on revenues of $393.70 million. SCHL closed Wednesday's session at $31.88. (The stock rose almost 7% in Q3; MA(50)- $30.49; MA(100)- $28.80; 52-wk H/L $32.58/$23.32)

Motor-homes manufacturer Winnebago Industries, Inc. (WGO) will post its results today. For the first quarter, the company is expected to report earnings of $0.02 per share compared to $0.11 per share last year. Also, the company is anticipated to generate revenues of $120.07 million for the quarter. On Wednesday, the stock closed at $8.90. (The stock gained nearly 7% in Q1; MA(50)- $8.98; MA(100)- $8.06; 52-wk H/L $15.77/$6.02)

Schiff Nutrition International Inc. (WNI) is slated to report third-quarter results. Earnings and revenue for the quarter are expected to be $0.13 per share and $65.55 million respectively. Last year, the company earned $0.18 per share on revenues of $57.74 million. WNI closed Wednesday's trade at $11.03. (The stock dropped around 3% in Q3; MA(50)- $10.74; MA(100)- $11.27; 52-wk H/L $13.02/$8.42)

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Quick Facts

Editors Pick
At Home Group Inc., the home décor retail store with 115 stores in 29 states is planning to go public. The pricing of initial public offering is expected in a range of $14 to $16 per share. The company in a filing with the SEC said it has got the approval to list the shares on the NYSE under symbol "HOME." McDonald's Corp. has suspended sales of Big Macs in Venezuela as the fast food chain is unable to source buns - one of the key components of a burger. Venezuela is suffering from food shortages recently due to an ongoing economic and political crisis. Telecom giant Verizon Communications Inc. has agreed to acquire the operating business of struggling Internet company Yahoo Inc. for about $4.83 billion in cash, the two companies said Monday. The transaction is expected to close in the first quarter of 2017.
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