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Ross Stores Beats Fiscal Q2 Estimates, Stock Down on Weak Outlook

Ross Stores Beats Fiscal Q2 Estimates, Stock Down on Weak Outlook

Ross Stores (ROST) stock fell over 5% in after-hours trading on August 23 following weak guidance despite strong results for the second quarter of fiscal 2018. The quarter ended on August 4. The company’s stock was down 7.1% as of 5:34 AM EST in pre-market hours on August 24.