2 minutes

Dillard’s (DDS) 1Q16 Results: Another Department Store Puts Up Subpar Results

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Insight Report

Executive Summary

  • Dillard’s reported 1Q16 EPS of $2.17 versus the consensus estimate of $2.52.
  • Total revenue was $1.54 billion versus consensus of $1.57 billion. Comps were down 5% versus analysts’ expectations of a 2.3% decline.
  • Sales trends were strongest in shoes. Weaker categories were home and furniture, women’s accessories and lingerie. Sales trends were strongest in the Eastern region, followed by the Central and Western regions, respectively.
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