Dillard's gains as men's apparel, cosmetics drive bumper quarter

Dillard's

11/08/2022 16:02

** Shares in U.S. department store chain Dillard's Inc
 DDS.N  rise 13.2% to $281.37 and are on course for their best
day in nearly seven months
    ** Dillard's earns $9.30 per share for the second quarter,
while analysts polled by Refinitiv were expecting $3.47, as it
benefited from strong demand for cosmetics and men's apparel as
well as accessories  urn:newsml:reuters.com:*:nBw5GfF9ga
    ** Revenue also comes in above estimates even as demand for
ladies' apparel slowed
    ** CEO William Dillard says business softened in the quarter
after Dillard's recorded its strongest ever second quarter last
year
    ** Including session's gain, Dillard's shares have risen 15%
this year

 (Reporting by Praveen Paramasivam)
 ((Praveen.Paramasivam@thomsonreuters.com;))