Dillard's (NYSE: DDS) reported Q2 EPS of ($0.58), $0.77 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.44 billion.

Dillard’s Chief Executive Officer, William T. Dillard, commented on the quarter, “Significant markdowns led to a disappointing loss as we dealt with inventory, which was up 2% at quarter end."

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