Dillard's (DDS) Tops Q2 EPS by 4c

August 11, 2016 4:26 PM EDT

Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.

Dillard's (NYSE: DDS) reported Q2 EPS of $0.35, $0.04 better than the analyst estimate of $0.31. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.48 billion.

Sales in comparable stores for the period decreased 5%.

Dillard’s Chief Executive Officer, William T. Dillard, II, stated, “The challenges facing apparel retailers continued through the second quarter, and our poor results reflect this. In spite of weak sales, we returned $57 million to shareholders through stock repurchase and dividends. While we continue to deal with weakness in the fashion retail industry, we believe we are in good financial shape for the long term.”

For earnings history and earnings-related data on Dillard's (DDS) click here.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Earnings, Management Comments

Related Entities


Add Your Comment