Dillard's hits record high on strong Q3 results

Dillard's

11/11/2021 13:03

** Shares of department store chain Dillard's Inc  DDS.N 
jump 7.1% premarket to a record high of $317.0
    ** Co's Q3 EPS jumps sevenfold to $9.81, blows past
Refinitiv IBES estimates of $5.52  urn:newsml:reuters.com:*:nBw616VRQa
    ** Profit underpinned by a 47% jump in Q3 retail sales; Co
says margins helped by improving customer demand and better
inventory management 
    ** Stock up nearly 370% YTD, widely outpacing peers Macy's
Inc  M.N  and Kohls Corp  KSS.N , which have risen 165% and 43%,
respectively  

 (Reporting by Ambar Warrick)
 ((Ambar.Warrick@thomsonreuters.com; +91-80-6182-2837;))