Dillard's Reports Flat Comparable Store Sales In Q3 - Quick Facts

(RTTNews) - Dillard's, Inc. (DDS) reported third-quarter earnings per share of $0.22 compared to $0.27, prior year. Included in net income for the 13 weeks ended November 2, 2019 was a pretax loss of $0.01 per share primarily related to the sale of a store property, and tax benefits related to amended state tax return filings of $0.11 per share.

Net sales were $1.39 billion compared to $1.42 billion, previous year. The company reported flat comparable store sales, for the quarter.

Dillard's CEO William Dillard, II, said: "We were pleased with our retail gross margin improvement (13 basis points). Our flat comparable sales performance improved from the 2% second quarter sales decline."