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Monday, February 25, 2019

-=Dillard's (DDS) reported earnings on Mon 25 Feb 19 (a/h)

Dillard's beats by $0.59, misses on revs; Q4 comps +2%
  • Reports Q4 (Jan) earnings of $3.22 per share, excluding non-recurring items, $0.59 better than the S&P Capital IQ Consensus of $2.63; revenues fell 2.4% year/year to $2.01 bln vs the $2.03 bln S&P Capital IQ Consensus.
  • Based upon comparable 13-week periods ended February 2, 2019 and February 3, 2018, total merchandise sales increased 1% and sales in comparable stores increased 2%.
  • Sales trends for the fourth quarter were strongest in home and furniture followed by cosmetics and men's clothing and accessories.
  • Sales were strongest in the Eastern region followed by the Western and Central regions, respectively.

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