Slashed full-year profit outlooks are weighing on retail stocks ahead of the important holiday season. After disappointing earnings reports this week, the S&P 500 Retail Index is down 4%. The slide was led by double-digit drops in Macy's and Kohl's. Here are three companies that cut profit expectations for the rest of the year, and how it has affected their stock prices. Read more on Business Insider.
Slashed full-year profit outlooks are weighing on retail stocks ahead of the important holiday season. After disappointing earnings reports this week, the S&P 500 Retail Index is down 4%. The slide was led by double-digit drops in Macy's and Kohl's. Here are three companies that cut profit expectations for the rest of the year, and how it has affected their stock prices. Read more on Business Insider.
Oh, tell me this can't be? Not in this wonderful Trump economy! 😏 A fraud of a guy who gets by on telling corrupt lies!