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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

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Electric car maker Tesla's Chief Elon Musk confirmed that there will be no discount on new cars. Through several tweets and an email addressing its employees, Musk said, "It is absolutely vital that we adhere to the no negotiation and no discount policy that has been true since we first started taking orders 10 years ago." Shares of National Beverage Corp. fell about 15 percent on Wednesday after short selling firm Glaucus Research Group has said it is shorting the soft-drink maker and accused the company of manipulating earnings. In a research report, Glaucus alleged that National Beverage achieved its "remarkable history of financial performance in part by manipulating earnings." Canadian pipeline operator Enbridge Inc. said it has agreed to sell its liquids pipeline assets in the South Prairie Region, including the Saskatchewan pipeline system, to privately-held midstream company Tundra Energy Marketing Ltd. for C$1.075 billion in cash.
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