Dillard's: Negative Outlook On Topline, Margins
I recommend a hold rating for Dillard's due to an unfavorable macro backdrop and growing inventory risks impacting near-term performance. DDS reported disappointing 2Q24 results, with declining sales, margins, and continued negative same-store sales growth, leading to a significant stock price drop. High inventory levels and weak consumer spending environment pose downside risks to DDS's gross margins and profitability in the near term.
Dillard's (DDS) Soft Q2 Earnings Hurt Stock, Comps Down 5%
Dillard's (DDS) second-quarter fiscal 2024 results reflect a challenging consumer landscape and increased expenses.
Dillard's Stock Tumbles After Earnings Miss as Sales Drop and Expenses Rise
Dillard's (DDS) shares sank over 10% Thursday after the department store chain reported second-quarter results that missed analysts' estimates as inflation-weary consumers cut back on discretionary spending and the company's costs rose.
Dillard's: Sales Worsen Worryingly In Q2
Dillard's reported Q2 results with below-expectation comparable store sales, related to continuing challenges in consumer spending. The weak sales are in part related to macroeconomic worries, but in light of recent performance against peers, Dillard's Q2 could also be a sign of company-specific traffic weakness. Worryingly, Dillard's didn't manage to adapt costs to the weaker consumer spending, only starting to adapt after Q2.
Dillard's (DDS) Q2 Earnings and Revenues Lag Estimates
Dillard's (DDS) came out with quarterly earnings of $4.59 per share, missing the Zacks Consensus Estimate of $5.91 per share. This compares to earnings of $7.98 per share a year ago.
Dillard's stock slides 6% after earnings miss as CEO says consumer environment remains challenged
Dillard's Inc.'s stock DDS, -1.63% tumbled 6% early Thursday, after the clothing retail chain posted earnings that fell short of estimates. “We are disappointed with our weak performance in the second quarter,” CEO William T.
Can Dillard's (DDS) Q2 Earnings Beat Amid Retail Challenges?
Dillard's (DDS) Q2 results are expected to reflect the benefits of strong demand and robust inventory management initiatives amid a challenging retail environment.
Dillard's (DDS) Trend-Right Merchandise Strategy Favors Stock
Dillard's (DDS) stays ahead of the curve, driven by a stringent focus on inventory management and its strategy of providing trend-right merchandise to customers.
Dillard's (DDS) Q1 Earnings Beat, Retail Challenges Hurt Stock
Dillard's (DDS) remains troubled in Q1, thanks to the tough retail environment, leading to soft top and bottom-line results. Higher operating expenses further hurt.
Dillard's (DDS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Dillard's (DDS) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Dillard's (DDS) Tops Q1 Earnings and Revenue Estimates
Dillard's (DDS) came out with quarterly earnings of $11.09 per share, beating the Zacks Consensus Estimate of $9.25 per share. This compares to earnings of $11.77 per share a year ago.
