Dillard's Q2 Results Top Estimates

RTTNews | 1113 dni temu
Dillard's Q2 Results Top Estimates

(RTTNews) - 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.

Net sales for the quarter edged up to $1.59 billion from $1.57 billion in the same quarter last year. Comparable store retail sales for the quarter were flat.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $3.47 per share on net sales of $1.54 billion for the quarter. Analysts' estimates typically exclude special items.

The Company also announced the upcoming closing of locations in Sikes Senter in Wichita Falls, Texas and East Hills Mall in St. Joseph, Missouri. Both locations are expected to close during the third quarter.

Further, Dillard's confirmed its commitment to The Empire Mall in Sioux Falls, South Dakota, with the new store expected to open in the fall of 2023 to mark the Company's 30th state of operation.

read more
Dillard's Q3 Earnings Top Estimates, But Net Sales Miss

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.
RTTNews | 658 dni temu
Dillard's Q3 Results Top Estimates

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 | 1022 dni temu
European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
RTTNews | 1g 20 minut temu
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 3g 24 minut temu
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 3g 53 minut temu
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 4g 59 minut temu