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US Retail Chain Beats Revenue and EPS Estimates in Latest Quarter
A US discount retailer posted revenue of US$3.
A major US discount retailer reported quarterly revenue of about US$3.9 billion, exceeding consensus expectations of roughly US$3.7 billion. Earnings per share came in at US$1.59, above estimates near US$1.26. The company guided for pretax profit margin close to 11.6% and projected mid-single-digit comparable-sales growth for upcoming periods.