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$ROST posted higher 4Q15 earnings, driven by the competitive values offered on a wide assortment of name brand bargains and gifts throughout the stores. The discount retailer reported 4Q15 EPS of $0.66, up 10% YoverY, on net earnings that rose 6% to $264MM. Sales grew 7% to $3.25Bil, with comparable store sales up 4% vs. a 6% gain last year.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.