Dillard's (DDS) Releases Earnings Results, Beats Expectations By $0.07 EPS

Dillard's (DDS) reported quarterly earnings results on Thursday, Aug-11-2016. The company said it had a profit of $0.35 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.07. Analysts had a consensus of $0.28. The company posted revenue of $1452.40 million in the period, compared to analysts expectations of $1471.60 million. The company’s revenue was down -4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 EPS.

Dillard's closed down -0.09 points or -0.14% at $62.78 with 4,45,081 shares getting traded on Monday. Post opening the session at $65.65, the shares hit an intraday low of $62.62 and an intraday high of $65.65 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Sep 2, 2015, Robert C Connor (director) purchased 1,212 shares at $90.25 per share price. According to the SEC, on Aug 19, 2015, J C Jr Watts (director) purchased 50 shares at $97.39 per share price. On May 18, 2015, Reynie Rutledge (director) purchased 4,000 shares at $115.61 per share price, according to the Form-4 filing with the securities and exchange commission.

Dillard’s Inc. is a retailer of fashion apparel cosmetics and home furnishing. The Company operates in two segments: the operation of retail department stores and a general contracting construction company. It operate approximately 297 Dillard’s stores including 20 clearance centers and an Internet store offering a range of merchandise including fashion apparel for women men and children accessories cosmetics home furnishings and other consumer goods. It also offers shoes handbags and other accessories. The Company also operates a general contracting construction company CDI Contractors LLC and CDI Contractors Inc. (CDI) a portion of whose business includes constructing and remodeling stores for the Company.


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