Dillard's: Fiscal 2Q Earnings Snapshot
LITTLE ROCK, Ark. (AP) _ Dillard's Inc. (DDS) on Thursday reported a loss of $8.6 million in its fiscal second quarter.
On a per-share basis, the Little Rock, Arkansas-based company said it had a loss of 37 cents.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $4.54 per share.
The department store operator posted revenue of $919 million in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $965.1 million.
Dillard's shares have fallen 63% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $27.06, a drop of 55% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DDS at https://www.zacks.com/ap/DDS