Dillard&#39;s misses estimates, shares plunge
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NEW YORK, Aug 18  - Dillard&#39;s Inc. (DDS.N: Quote, Profile, Research) on Wednesday reported a narrower quarterly loss even after it cut costs, but a drop in same-store sales caused the latest results to miss Wall Street&#39;s estimates by a wide ...
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The results for the current quarter came in slightly below expectations and the company sounded a note of caution on the global economy.
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Leading shares ended lower, falling further back from recent 6-year highs, as a poorly received pricing update from Tate &amp; Lyle offset M&amp;A fuelled gains in Smith &amp; Nephew.
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Shares of Gap Inc.  fell 2 percent on Friday morning as analysts questioned what's next for the casual clothing retailer after a two-year turnaround.
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Yum Brands Inc.  shares fell 3.5 percent on Friday after an analyst downgraded the stock due to concerns about slowing sales momentum in the United States and difficult upcoming sales comparisons at KFC and Taco Bell.
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London equities ticked lower on Monday, with retailers suffering after reports suggested that J Sainsbury missed internal sales targets during the peak Christmas trading season and Marks and Spencer also struggled during the key sales period.
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U.S. stocks edged lower on Tuesday before the Federal Reserve's interest rate decision, as weak earnings at electronics retailer Best Buy Co.  and a management reshuffle at Citigroup Inc.  disappointed investors.
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Shares in Whitbread weakened 3% today after it said slower sales in its pub restaurants and upmarket hotels had offset rising demand for budget lodges.
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Why did the stock decline after a blowout fourth quarter?
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The retailer misses its mark and lowers guidance.
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Pepsi Bottling Group Inc  on Thursday gave a 2008 earnings forecast that fell short of most Wall Street estimates.
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Top shares have fallen to a three-week low after an early jump on the back of positive corporate news failed to gather momentum and stronger-than-expected retail sales data
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Dollar General (DG:NYSE - news - research) fell Thursday after reporting cost overruns that left first-quarter earnings a penny shy of Wall Street estimates.
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Shares of Krispy Kreme Doughnuts Inc. fell sharply Monday after it reported a 79 percent plunge in third-quarter earnings. The company also withdrew its sales forecast and said it would
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Dillard's Inc. DDS.N on Wednesday  reported a narrower quarterly loss as the department store  operator cut costs.
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Stocks tumbled after a weak sales estimate by Wal-Mart spurred concerns about the holiday shopping season.
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Food company's stock drops on weak 2008 guidance.