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Dillard's Q3 Profit Down On Weak Sales

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that its third-quarter net income dropped to $124.6 million from last year's $155.3 million.

Earnings per share declined to $7.73 from $9.49 a year ago.

Net sales for the 13 weeks ended November 2 were $1.427 billion, slightly lower than prior year's $1.476 billion.

Total retail sales decreased 4 percent from last year to $1.356 billion. Sales in comparable stores for that same period decreased 4 percent.

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