Market Features

Retail Winners & Losers: Dillard's

Stock quotes in this article: ZUMZ , WTSLA , ANN , GME , DDS , TLB , FL  

NEW YORK (TheStreet) -- Retailers are mixed on the back of some contradictory holiday outlooks.

Wet Seal(WTSLA Quote) is, so far, one of the day's biggest decliners in the sector, tumbling 8.6% to $3.02.

On Thursday, the teen retailer posted a 33% drop in third-quarter profit, as same-store sales sank 6.2%. And heading into the holiday season things don't look much merrier.

For the fourth quarter Wet Seal only expects to earn between 3 cents and 7 cents a share, below estimates of 8 cents.

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AnnTaylor Stores(ANN Quote) released a similarly dismal forecast, and its shares also sank 3.8% to $13.29 in afternoon trading.

While the women's retailer swung into profit in the third quarter, it foresees fourth-quarter sales coming in slightly below results in the third quarter. It also said it expects the holiday season to be "highly promotional."

Other women's retailer also fell on the news. Talbots(TLB Quote) is losing 5.8% to $6.71, Coldwater Creek(CWTR Quote) is dropping 6.4% to $4.98 and New York & Company(NWY Quote) is declining 2.7% to $4.33.

Foot Locker(FL Quote) shares, meanwhile, are running in the wrong direction after the company said it predicts same-store sales to sink in the last three months of the year.

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