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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