Macy's Q4 Guidance Falls Short of Expectations, Kohl's and Dillard's Under Watch

Macy's fell in early trading after setting holiday quarter guidance below expectations, with Q4 sales expected to be between $7.35 billion and $7.50 billion and EPS between $1.35 and $1.55. Kohl's and Dillard's are also on watch, as their stock prices may be affected by the cautious outlook.