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