Dillard's (DDS) Posts Smaller-than-Expected Q2 Loss

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Dillard’s, Inc. Reports Second Quarter Results

August 16, 2018 7:30 AM EDT

LITTLE ROCK, Ark.--(BUSINESS WIRE)-- Dillards, Inc. (NYSE: DDS) (the Company or Dillards) announced operating results for the 13 and 26 weeks ended August 4, 2018. This release contains certain forward-looking statements. Please refer to the Companys cautionary statements included below under Forward-Looking Information.

26 Week Results

Dillards reported net income for the 26 weeks ended August 4, 2018 of $77.7 million, or $2.80 per share, compared to net income of $49.2 million, or $1.62 per share, for the prior year 26-week period.

Net sales for the 26 weeks ended August 4, 2018 and the 26 weeks ended July 29, 2017 were $2.926 billion and $2.846 billion, respectively. Net... More