UPDATE: Dillard's FQ2 Profit Up 76%
Dillard's (NYSE: DDS) reported a 76% surge in its fiscal second-quarter profit.
Dillard's quarterly profit climbed to $31 million, or $0.63 per share, versus a year-ago profit of $17.6 million, or $0.32 per share.
Its sales gained 3.2% to $1.49 billion, while same-store sales rose 3%.
Dillard's gross margin rose to 33.6% from 33.2%.
Dillard's shares closed at $70.31 yesterday.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.