This excerpt taken from the ROST 8-K filed Feb 3, 2005.
Forecasted First Quarter and Fiscal 2005 Earnings per Share
Looking ahead, Mr. Balmuth commented, For the 13 weeks ending April 30, 2005, we currently project that same store sales will grow 2% to 3% on top of a 3% increase in the prior year, and that earnings per share will be in the range of $.33 to $.36, compared to $.32 for the 13 weeks ended May 1, 2004. For the 2005 fiscal year ending January 28, 2006, we currently project that same store sales will increase by 4% to 5% and earnings per share will be in the range of $1.40 to $1.50, compared to estimated earnings per share for the 2004 fiscal year ended January 29, 2005 of $1.12 to $1.14, inclusive of the $.06 write-down expense related to the Companys former corporate office and distribution center in Newark, California. The projected earnings per share ranges for fiscal 2005 do not include any effect from stock option expensing targeted to become effective in the third quarter of 2005.