Dillard Inc. Bottom Line Retreats 60% In Q2

(RTTNews) - Dillard Inc. (DDS) revealed a profit for second quarter that retreated compared to the same period last year.

The company said its earnings totaled $12.1 million, or $0.35 per share. This was lower than $29.9 million, or $0.75 per share, in last year's second quarter.

Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 4.0% to $1.45 billion. This was down from $1.51 billion last year.

Dillard Inc. earnings at a glance:

-Earnings (Q2): $12.1 Mln. vs. $29.9 Mln. last year. -Earnings Decline (Y-o-Y): -59.5% -EPS (Q2): $0.35 vs. $0.75 last year. -EPS Decline (Y-o-Y): -53.3% -Analysts Estimate: $0.31 -Revenue (Q2): $1.45 Bln vs. $1.51 Bln last year. -Revenue Change (Y-o-Y): -4.0%