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Home > Textile > US: Ross Stores Q3 profit jumps 18%, cuts outlook

US: Ross Stores Q3 profit jumps 18%, cuts outlook


Wed, 19 Nov 2008 18:19:00 GMT

Off-price retailer Ross Stores Inc has posted a 17.7% jump in third quarter profit, helped by higher margins, lower inventory and expenses, but cut its outlook for the fourth quarter in expectation of "a very promotional" holiday season.
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