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SeaWorld tanks, Macy's lowers sales outlook; King Digital gets crushed

Hot Stock Minute

Here is a look at some of the stocks the Yahoo Finance team will be watching for you today.

SeaWorld (SEAS) shares tanked in early trading. The theme park operator reported earnings and revenue that missed analysts' estimates. Sales fell more than 1% from a year earlier. The company also cut its sales outlook for the year and said it would announce cost cutting initiatives in the coming days. SeaWorld has been struggling to boost attendance and restore its image after the critical documentary "Blackfish.”

Macy’s (M) shares fell before the bell. The department store chain reported earnings of $0.80 a share, missing analysts' estimates. Revenue also slightly missed the mark, but was up 3% from a year ago. The company also lowered its same-store sales outlook for the year.

American Apparel (APP) shares were down in early trading. The struggling retailer whose controversial founder and CEO Dov Charney was ousted in June said it will miss its deadline to file its second-quarter financial results because of a recent overhaul of its board. However, the company did provide preliminary figures, which showed a narrower loss than a year earlier of $15 million, or $0.09 a share. Sales were nearly flat at $162 million.

Deere (DE) share were down slightly before the bell. The farm and construction equipment maker cut its profit outlook for the year amid slowing demand agricultural products and declines in equipment sales. However, earnings of $2.33 a share blew past estimates. Revenue also topped expectations, but fell 5% from a year earlier.  

JDS Uniphase (JDSU) shares fell in the premarket. The network equipment maker lowered its earnings and revenue forecast for its current quarter. However, earnings and revenue for last quarter topped analysts' estimates driven mainly by growth in its network service and optical products businesses.

King Digital Entertainment (KING) shares were down sharply in the pre-market. The maker of Candy Crush reported earnings that were in-line with estimates, but revenue missed expectations. The company also lowered its revenue outlook for the year. King posted gross bookings - the amount users spend on virtual items - were down 5% from the previous quarter. The company did say, it will pay a $150 million dividend to investors.