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Dillard's Q3 Results Top Estimates
(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that net income for the third quarter was $187.9 million or $10.96 per share, compared to $197.3 million or $9.81 per share in the prior-year quarter.
Net sales for the quarter grew to $1.54 billion from $1.48 billion in the same quarter last year. Comparable store retail sales for the quarter increased 3 percent.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $5.85 per share on net sales of $1.48 billion for the quarter. Analysts' estimates typically exclude special items.
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Dillard's Q3 Earnings Top Estimates, But Net Sales Miss
Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that net income for the third quarter was $155.3 million or $9.49 per share, down from $187.9 million or $10.96 per share in the prior-year quarter.
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Dillard's Q2 Results Top Estimates
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The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
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Japanese Market Notably Higher
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