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Dillard's Q3 Earnings Top Estimates, But Net Sales Miss
(RTTNews) - 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.
Net sales for the quarter declined 6 percent to $1.48 billion from $1.54 billion in the same quarter last year. Comparable store retail sales for the quarter decreased 6 percent.
On average, three analysts polled by Thomson Reuters expected the company to report earnings of $6.70 per share on net sales of $1.51 billion for the quarter. Analysts' estimates typically exclude special items.
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Dillard's Q3 Results Top Estimates
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.
RTTNews
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1021 days ago
Dillard's Q2 Results Top Estimates
Luxury department store chain Dillard's, Inc. (DDS) reported Thursday a second-quarter net income of $163.4 million or $9.30 per share, lower than $185.7 million or $8.81 per share in the prior-year quarter.
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1112 days ago
Taiwan Stock Market May Extend Winning Streak
The Taiwan stock market has tracked higher in three straight sessions, gathering more than 750 points or 3.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 24,520-point plateau and it may add to its winnings again on Thursday.
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7 minutes ago
Singapore Stock Market May Extend Wednesday's Gains
The Singapore stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,245-point plateau and it may pick up steam on Thursday.
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37 minutes ago
Malaysia Bourse May Add To Its Winnings On Thursday
The Malaysia stock market rebounded on Wednesday, one day after ending the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it's expected to open in the green again on Thursday.
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1h 7min ago
Higher Open Called For Japan Stock Market
The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.
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1h 22min ago
KOSPI May Reclaim 3,200-Point Level
The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.
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1h 37min ago
Korea Interest Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
RTTNews
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2h 37min ago
