NEW YORK — U.S. stock markets tumbled on Tuesday, propelled partly by lowered earnings guidance from Sears Holdings Corp.
Sears said in a statement that second-quarter profit would drop to between $160 million and $200 million, or $1.06 to $1.32 per diluted share, including a gain of $12 million, or 8 cents, because of a bankruptcy settlement and investments. That compares with $294 million, or $1.88 per diluted share, in the year-ago period.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)