Dillard's up 9% on Strong Q1 Earnings
Dillard's (NYSE: DDS) is trading higher on the session following its Q1 earnings announcement yesterday. The company reported an EPS of $1.89 vs $1.67 estimates and sales $1.55 billion vs $1.53 billion estimates.
Dillard's Chief Executive Officer, William T. Dillard, II, stated, “We are happy to report a very strong start to 2012 with our seventh consecutive quarter of increased same store sales as well as record setting earnings and earnings per share performances.”
Dillard's is currently trading at $72.37, a gain of 6.18 or 9.34%.
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