Ross Stores Inc. (ROST) reported that its Same store sales for the month of October rose 9%. Sales for the month increased 14% to $557 million from $490 million in the prior year period.
For the thirteen weeks ended October 31, 2009, sales were $1.744 billion, a 12% increase over the $1.555 billion in sales for the thirteen weeks ended November 1, 2008. Comparable store sales for the quarter ended October 31, 2009 were up 8% on top of flat same store sales in the prior year period.
The company raised its third-quarter earnings outlook to a range of $0.83 to $0.84 per share, from the prior range of $0.75 to $0.77 per share. Analysts polled by Thomson Reuters expected the company to report earnings of $0.76 per share for the third-quarter. Analysts' estimates typically exclude special items.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.