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Wednesday, April 7, 2010 as of 11:14 AM ET

Michael Balmuth

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Guess, Rue21, Vera Bradley Down On Forecasts

Fashion label Guess Inc .

shares slumped 12% on Thursday after the company gave disappointing first-quarter and full-year profit forecasts. Teen-retailer Rue21 Inc.'s shares dropped 8.4% after its fourth-quarter comparable sales fell more than analysts expected and the midpoint of its first-quarter forecast range also came in short. Vera Bradley Inc. shares fell 10%, also on a disappointing first-quarter forecast. Ross Stores Inc. shares dropped 2.7%. The company's fourth-quarter profit matched Wall Street expectations. Chief Executive Michael Balmuth said he's confident the retailer will generate "respectable increases in both revenues and earnings per share in 2012 and beyond."Copyright © 2012 MarketWatch, Inc....

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    Powered by healthy same-store sales growth, apparel maker Ross Stores (NASDAQ:ROST) said Thursday it generated an in-line 19% jump in fourth-quarter profits.The Plea...

  2. Ross Stores 4Q Profit Climbs 13% on Strong Demand

    Ross Stores (NASDAQ:ROST) revealed on Thursday a 13% improvement in fourth-quarter profit in line with Wall Street estimates, helped by stronger sales in its more es...

  3. Ross Stores Views Holiday Season "Cautiously," Improves 3Q Profit

    Ross Stores (NASDAQ:ROST) reported Thursday a 15.5% surge in third-quarter profit, however investors far from cheered the results as they only matched expectations a...

  4. Ross Stores Misses 2Q Revenue Estimates, Cautious on Second-Half View

    Ross Stores Inc. ( ROST ) hit estimates with its second-quarter earnings, though revenue fell short and the company offered a cautious outlook for the second half, c...

  5. Ross Stores profit up; holiday outlook cautious

    * Shares down 2.0 pct; TJX falls 0.3 pct (Adds CEO comment, details on inventory, byline; updates share activity)By Phil WahbaNEW YORK (Reuters) - Ross Stores Inc re...

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