Dillard's (DDS) Soft Q2 Earnings Hurt Stock, Comps Down 5%
DDSDillard's(DDS) ZACKS·2024-08-16 22:05

Dillard's Inc. (DDS) posted dull second-quarter fiscal 2024 results, wherein the bottom and top lines missed the Zacks Consensus Estimate. Also, DDS’ sales and earnings declined year over year.A tough consumer landscape, which adversely impacted sales and comparable store sales (comps), as well as higher operating expenses, hurt the quarterly performance. Also, softness in the men’s apparel and accessories category was a headwind.Earnings per share of 4.59laggedtheZacksConsensusEstimateof4.59 lagged the Zacks Consensus Estimate of 5.91. The ...