Dillard's (DDS) Misses Q4 EPS Expectations
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Revenue Growth %: -7.6%
Financial Fact:
Income on and equity in losses of joint ventures: 11K
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Dillard's (NYSE: DDS) reported Q4 EPS of $2.25, $0.23 worse than the analyst estimate of $2.48. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $2.1 billion.
Total merchandise sales (which exclude CDI) for the 13-week period ended January 30, 2016 were $2.021 billion and $2.068 billion for the 13-week period ended January 31, 2015. Total merchandise sales decreased 2% for the 13-week period ended January 30, 2016. Sales in comparable stores for the period also decreased 2%. In relation to the total Company sales performance, sales were notably strong in home and furniture followed by ladies’ accessories and lingerie. Weaker performing categories were juniors’ and children’s apparel and shoes. Sales were strongest in the Western region followed by the Eastern and Central regions, respectively. The Company noted weakness particularly on the Southern border and in energy producing regions.
For earnings history and earnings-related data on Dillard's (DDS) click here.
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