Lakeway, TX -- (SBWIRE) -- 02/07/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Arrow Electronics, Inc. (NYSE:ARW) decreased 1.96% to $39.50. The Company reported fourth quarter net income of $174.7 million or $1.62 per share compared to $174.1 million or $1.53 per share in the prior year period. The analysts expected the Company to report profit of $1.06 per share for the quarter. The sales declined 1% to $5.40 billion. Analysts expected revenue of $5.25 billion for the quarter. The Company expects first-quarter total sales will be between $4.6 billion and $5.0 billion and earnings per share to be in the range of $0.80 to $0.92 per share.
Is ARW after A Solid Pop Up? Find Out Here
Ross Stores, Inc. (NASDAQ:ROST) went up 0.39% to $59.34. The Company reported sales for the five weeks ended February 2, 2013 of $672 million compared to $483 million of sales in the four weeks ended January 28, 2012. Same store sales for the four weeks ended January 26, 2013 increased 4% on top of a 5% gain for the four weeks ended January 28, 2012. The sales rose 15% to $2.761 billion for the 14 weeks ended February 2, 2013. Comparable store sales for the 13 weeks ended January 26, 2013 were up 5% over a 7% increase for the 13 weeks ended January 28, 2012.
How Should Investors Trade ROST After The recent Report? Find Out Here
Kohl's Corporation (NYSE:KSS) decreased 1.32% to $45.64 on a traded volume of 161k shares. The Company posted comparable store sales for the four weeks ended January 26, 2013 increased 13.3%. Sales for the fifth week of fiscal January 2013 were $169 million. Comparable store sales increased 1.9% for the quarter and 0.3% for the year.
The Company will report its fourth quarter 2012 earnings on February 28, 2013.
Why Should Investors Consider Buying KSS Now? Find Out Here
Amgen, Inc. (NASDAQ:AMGN) went up 0.37% to $86.91. The Company outlined the company's long-term strategy during a Business Review meeting with analysts and investors in New York City.
Currently, the Company expects adjusted 2013 earnings of $7.05 per share to $7.35 per share for 2013 and that it would record the credit in the first quarter.
How Should Investors Trade AMGN After The recent Report? Find Out Here
Costco Wholesale Corporation (NASDAQ:COST) was up 0.22% to $101.92. The Company reported net sales of $9.35 billion for the month of January 2013 compared to $8.74 billion during the similar period last year. The Company reported net sales of $43.77 billion for the first twenty-two weeks of its fiscal year ended February 3, 2013 compared to $40.18 billion during the similar period last year.
Is COST Still a Buy After The Recent momentum? Find Out Here
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