Ross stores, inc. provides earnings guidance fourth quarter and full year 2019

Ross stores, inc. provided earnings guidance fourth quarter and full year 2019. for the quarter, the company continue to expect fourth quarter earnings per share to be in the range of $1.20 to $1.25, which now includes a one-time, non-cash benefit of $0.02 per share, primarily due to the favorable resolution of a tax matter, offset by slightly higher pre-tax expenses. this forecasted guidance compares to $1.20 per share in the prior year period, which also included a one-time per share benefit of $0.07 related to the favorable resolution of a tax matter. company projected fourth quarter comparable store sales gains of 1% to 2% versus a 4% increase last year.the company now planning earnings per share for fiscal 2019 to be in the range of $4.52 to $4.57, up from $4.26 in fiscal 2018.
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