From Financial Modeling Prep: 2025-05-15 20:34:00

Dillard’s (NYSE:DDS) stock surged 6% after exceeding first-quarter earnings estimates. The company reported a net income of $163.8 million, or $10.39 per share, surpassing the $8.92 consensus. Revenue hit $1.53 billion, with comparable store sales down 1% and total retail sales at $1.47 billion. Apparel sales growth offset declines in other categories.

The gross margin for Dillard’s decreased to 45.5% from 46.2% year-over-year, indicating a more promotional market. Operating expenses improved slightly to $421.7 million, with a $5 million decrease in payroll costs. Despite the earnings beat showing cost control, challenges remain with shrinking margins and cautious consumer spending in the department store sector.



Read more at Financial Modeling Prep:: Dillard’s Tops Q1 Earnings Forecast, Shares Gain 6…