Elizabeth Arden takes peers down with it

|By:, SA News Editor

Shares of Elizabeth Arden (RDEN) extend their AH loss, now down 22.6% premarket, kicked up after the company issued a harsh warning on sales and profits.

Sales in North America fell abruptly over the course of the second half of the year, while in global markets, Elizabeth Arden only saw a minor dip.

Peer watch: Revlon (REV) -1.6%, Avon Products (AVP) -2.4%, Estee Lauder (EL) -1.1%.