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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.
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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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Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners
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U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates
A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
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Switzerland Logs Weaker Growth, Trims 2026 Outlook
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