Friday's Small-Cap Winners & Losers

Some disappointing guidance, including that from Hartmarx (HMX Quote), helped weigh down the small-cap sector Friday.

Shares of the Chicago apparel maker plummeted 22.4% after it made just $542,000, or a penny a share, in the fiscal third quarter. That misses the analysts' consensus by 17 cents, according to Thomson Financial. Revenue, at $135.2 million, was also below par.

Hartmarx additionally slashed its fiscal 2007 profit guidance by at least 23 cents to between 22 cents and 27 cents a share on a lowered revenue range of $570 million to $580 million. Analysts are seeking 52 cents a share on revenue of $594.4 million. The company blamed the bleak results and outlook on worsening "disruptive conditions in the mainstream department store channel" and a recent "softening in demand from retailers in general." Shares gave up $1.43 to $4.95. ...