Dillard's Q2 loss widens, sales drop

Dillard’s, Inc., for the 26 week period reported net income of 37.9 million dollars compared to 77.7 million dollars for the prior year comparable period, while earnings per share were 1.46 dollars compared to 2.80 dollars. For its second quarter, the company’s net loss of 40.7 million dollars compared to 2.9 million dollars for the prior year 13-week period and net loss per share was 1.59 dollars compared to 10 cents. First half comparable store sales decreased 1 percent, while comparable store sales for the second quarter decreased 2 percent.