(Reuters) - The discount chain, which operates more than 6,300 stores,
reported net income of $60.4 million, or 40 cents per share,
for its fiscal third quarter that ended June 2, compared with
$56.9 million, or 37 cents per share, a year earlier.
Excluding a $5.7 million, or 2 cents-per-share charge for
settling a shareholder lawsuit over its stock option award
practices, the company earned 42 cents a share -- a penny over
analysts' average forecast of 41 cents a share, according to
Reuters Estimates.
Read more at Reuters.com Market News
reported net income of $60.4 million, or 40 cents per share,
for its fiscal third quarter that ended June 2, compared with
$56.9 million, or 37 cents per share, a year earlier.
Excluding a $5.7 million, or 2 cents-per-share charge for
settling a shareholder lawsuit over its stock option award
practices, the company earned 42 cents a share -- a penny over
analysts' average forecast of 41 cents a share, according to
Reuters Estimates.
Read more at Reuters.com Market News
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