Dillard's Q1 Net Sales $1.549B Vs $1.584B Last Year; Comparable Store Sales Decrease 2%
Portfolio Pulse from Benzinga Newsdesk
Dillard's reported Q1 net sales of $1.549 billion, down from $1.584 billion last year. Comparable store sales decreased by 2%.
May 16, 2024 | 10:54 am
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Dillard's reported a decline in Q1 net sales to $1.549 billion from $1.584 billion last year, with a 2% decrease in comparable store sales.
The decline in net sales and comparable store sales suggests weaker performance, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100