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Home Depot slides after cutting its full-year profit outlook for the 2nd time

21 days ago   |   By Business Insider

Home Depot reported third-quarter 2019 earnings Tuesday that missed analyst expectations.
Shares fell as much as 7.5% in early trading on the news.
The company also lowered its full-year 2019 outlook for the second time this year, saying business investments haven't benefited sales yet.
Watch Home Depot trade live on Markets Insider .
Shares of Home Depot fell as much as 7.5% in early trading Tuesday after the company reported third-quarter earnings results that missed Wall Street's expectations.
Here's what the company reported versus what analysts at Bloomberg expected:
Earnings per...
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Kohl's plummets after slashing its profit forecast for the 2nd time this year

Kohl's plummets after slashing its profit forecast for the 2nd time this year

21 days ago   |   By Business Insider

Kohl's stock tanked as much as 13% in early trading on Tuesday after the missing third-quarter expectations and cutting its full-year earnings forecast for the second time in 2019.
The company's adjusted earnings per share, total sales, and comparable sales growth fell below Wall Street's estimates.
The retail chain will bolster investment to take advantage of the holiday season sales boom, CEO Michelle Gass said in the Tuesday report.
Watch Kohl's trade live here .
Kohl's shares plunged as much as 13% in early Tuesday trading after the retail chain missed third-quarter estimates and...
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