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Dillard's (DDS) Earnings and Sales Miss Estimates in Q2

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    Zacks Equity Research August 16, 2019


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    Dillard's Inc. (DDS - Free Report) reported dismal second-quarter fiscal 2019 results, wherein earnings and sales missed estimates. Results were impacted by higher markdowns and soft margins.

    Shares of this Zacks Rank #3 (Hold) company declined 9.9%, following the dismal results. Though its shares have moved down 24.1% in the past year, it has fared better than the industry’s slump of 46.2%.

    Q2 Numbers

    Dillard's reported adjusted loss per share of $1.74, much wider than the Zacks Consensus Estimate of loss of 66 cents. Further, the bottom line compa ...



    Read Full News: https://www.zacks.com/stock/news/473463/Dillards-DDS-Earnings-and-Sales-Miss-Estimates-in-Q2

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