Dillard's (DDS) Q1 Earnings Beat, Retail Challenges Hurt Stock
DDSDillard's(DDS) zacks.com·2024-05-18 01:26

Dillard's Inc. (DDS) posted first-quarter fiscal 2024 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. This marked the company’s 13th straight quarter of a bottom-line beat. However, DDS’s sales and earnings declined year over year. The declines can be attributed to the challenging retail environment, which impacted sales and comps, as well as higher operating expenses. Earnings per share of 11.09surpassedtheZacksConsensusEstimateof11.09 surpassed the Zacks Consensus Estimate of 9.25. However, the bottom line dec ...