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  4. The retail industry could be headed for a tough holiday season. Here's a roundup of 3 companies that just cut their profit outlooks.

The retail industry could be headed for a tough holiday season. Here's a roundup of 3 companies that just cut their profit outlooks.

The retail industry could be headed for a tough holiday season. Here's a roundup of 3 companies that just cut their profit outlooks.
Slideshows1 min read

1. Home Depot

1.  Home Depot

Ticker: HD

Reported earnings: November 19

  • Adjusted earnings per share: $2.53 reported versus $2.53 (expected)
  • Revenue: $27.22 billion reported versus $27.72 billion (expected)
  • Same-store sales: +3.6% reported versus 4.6% (expected)

Full-year EPS guidance: Maintained expectation of $10.03 but trimmed full-year comparable sales to 3.5% from 4% and revenue outlook to growth of 1.8% from 2.3%

Stock decline post-earnings through Thursday's close: -8%

2. Kohl's

2. Kohl

Ticker: KSS

Reported earnings: November 19

  • Adjusted earnings per share: 74 cents, versus 86 cents (expected)
  • Revenue: $4.36 billion, versus $4.40 billion (expected)
  • Comparable sales growth: 0.4%, versus 0.8% (expected)

Full-year EPS guidance: $4.75 to $4.95, versus prior guidance of $5.15 to $5.45

Stock decline post earnings through Thursday's close: -19%

3. Macy's

3. Macy

Ticker: M

Reported earnings: November 21

  • Adjusted earnings per share: 7 cents reported, versus 1 cent (expected)
  • Revenue: $5.17 billion reported, versus $5.30 billion (expected)
  • Same-store sales: -3.9% reported, versus -1.2% (expected)

Full-year EPS guidance: $2.57 to $2.77, previously saw $2.85 to $3.05

Stock decline post earnings through Thursday's close: -2.3%

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