by Calculated Risk on 9/24/2007 05:45:00 PM

From Reuters: Lowe's warns profit could trail prior forecast

The second-largest home improvement chain behind Home Depot Inc ... said "current sales are trending below" expectations as drought in the mid-Atlantic, Southeastern and Western parts of the United States hurt sales of outdoor products.

From MarketWatch: Target cuts September sales outlook

Target Corp. on Monday evening cut its forecast for September sales at stores open more than a year to an increase of 1.5% to 2.5%, down from its previous forecast of 4% to 6%. In a recorded message, the Minneapolis-based discount retailer said there was weaker guest traffic in September than expected ...

Is this the start of Hamlet Act V?.