Dillard's Inc. (DDS) reported first quarter net income of $1.89 per share after the close Thursday, up from $1.31 per share in the prior year period. The consensus estimate was for EPS of $1.67.
Dillard's gapped up sharply Friday and climbed in early trade, before settling into a range. The stock ended the session higher by 4.24 at $70.43, with volume at a 9-month high. Dillard's broke out of a 2-week range and set a new high for the year.
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