logo
  

Dillard's Q4 Profit Edges Down, But Tops Estimates - Quick Facts

Luxury department store chain Dillard's, Inc. (DDS) reported Monday that fourth-quarter net income edged up to $67.0 million or $3.05 per share from $67.7 million or $2.75 per share in the prior-year quarter.

Net sales for the quarter decreased 19% to $1.57 billion from $1.92 billion in the same quarter last year. Sales in comparable stores for the period decreased approximately 17%.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $2.66 per share on net sales of $1.65 billion for the quarter. Analysts' estimates typically exclude special items.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
General Motors will start replacing defective battery modules in Chevrolet Bolt EVs and EUVs with new modules. The replacement battery modules will be shipped to dealers as soon as mid-October, the automaker said in a statement. CVS Health is set to recruit qualified candidates to fill 25,000 clinical and retail jobs during a one-day national career event on Friday, September 24. This will enable CVS to meet the high demand for pharmacists, pharmacy technicians, nurses, and retail store associates to support flu season, COVID-19 vaccinations and testing. Twitter, Inc. (TWTR) announced Monday that it has entered into a binding agreement to settle the consolidated class action lawsuit commenced in 2016 in the United States District Court for the Northern District of California. Under the terms of the proposed settlement, Twitter will pay $809.5 million...
RELATED NEWS
Follow RTT