New York & Co. (NWY) announced that it lost $10.9 million, or 18 cents per share in the fourth quarter versus a profit of $14.9 mllion or 24 cents per share a year earlier. Sales were $271.8 million versus $303.2 million in the same period last year. Analysts had expected a loss of of 21 cents per share and revenue of $275 million.
Shares are slightly lower this morning.
Ross Stores (ROST) announced that it earned $192 million on revenue of $2.397 billion in the fourth quarter versus $162 million on revenue of $2.145 billion in the same period last year. For the full year ended January 28, Ross earned $657 million on revenue of $8.608 billion versus earnings of $555 million and sales of $7.866 billion a year earlier.
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