By  on January 10, 2013

The fourth-quarter outlook isn’t getting any prettier.

Tiffany & Co., Aéropostale Inc. and Ascena Retail Group Inc. all cut profit projections Thursday, weighing on retail stocks and reconfirming the generally blah reading of the holiday season. Tiffany said its comparable-store sales were flat for November and December and that comps at its New York flagship fell 2 percent.

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