Dillard's misses EPS, beats on revs
- Reports Q3 (Oct) earnings of $0.27 per share, including $0.11/share in tax benefits, $0.28 worse than the S&P Capital IQ Consensus of $0.55; revenues rose 4.7% year/year to $1.42 bln vs the $1.4 bln S&P Capital IQ Consensus. Sales in comparable stores for the period increased 3%, above estimates. In relation to the total company sales trend, above trend performances were noted in ladies' accessories and lingerie followed by juniors' and children's apparel. Sales were slightly above trend in men's apparel and accessories and home and furniture. Sales were consistent with trend in shoes, slightly below trend in ladies' apparel and below trend in cosmetics. Sales were strongest in the Western region followed by the Eastern and Central regions, respectively.
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