Dillard's (DDS) Misses Q1 EPS by 12c, Comps Decline 1%

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Dillard’s, Inc. Reports First Quarter Results

May 14, 2015 4:08 PM EDT

LITTLE ROCK, Ark.--(BUSINESS WIRE)-- Dillards, Inc. (NYSE: DDS) (the Company or Dillards) announced operating results for the 13 weeks ended May 2, 2015. This release contains certain forward-looking statements. Please refer to the Companys cautionary statements regarding forward-looking information included below under Forward-Looking Information.

First Quarter Results

Dillards reported net income for the 13 weeks ended May 2, 2015 of $109.6 million, or $2.66 per share, compared to net income of $111.7 million, or $2.56 per share, for the prior year first quarter.

Dillards Chief Executive Officer, William T. Dillard, II, stated, "We are disappointed with our first... More