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What: Shares of large-scale department store Dillard's
So what: For the quarter, Dillard's posted a profit of $2.21, excluding one-time items, on a 3% rise in same-store sales. This compares favorably to Wall Street's consensus EPS estimate of $2.02 for the quarter.
Now what: Everything seems to be clicking for Dillard's, which saw gross margin expand for the year. It also repurchased $98.8 million worth of its shares during the fourth quarter. Interestingly enough this strength doesn't extend to the entire sector, because rival Kohl's
Craving more input? Start by adding Dillard's to your free and personalized watchlist so you can keep up on the latest news with the company.