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Stock impact report

Dillard’s, Inc. Reports Second Quarter and Year-to-Date Results

Dillard's, Inc. (DDS) 
Last dillard's, inc. earnings: 2/25 07:30 am Check Earnings Report
Company Research Source: GlobeNewswire
LITTLE ROCK, Ark., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Dillard’s, Inc. (NYSE: DDS) (the “Company” or “Dillard’s”) announced operating results for the 13 and 26 weeks ended August 3, 2024. This release contains certain forward-looking statements. Please refer to the Company’s cautionary statements included below under “Forward-Looking Information.” Dillard’s Chief Executive Officer William T. Dillard, II stated, “We are disappointed with our weak performance in the second quarter. While the consumer environment remained challenged, our expenses were up, squeezing our profitability. We are working to address this. We ended the quarter with over $1 billion in cash and short-term investments.” Highlights of the 26 Weeks (compared to the prior year 26 weeks): Total retail sales decreased 3% Comparable store sales decreased 3% Net income of $254.5 million compared to $333.0 million Earnings per share of $15.68 compared to $19.89Retail gross margin of 42.7% of sale Show less Read more
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