Dillard's Q3 profits decrease 26 percent

Business

Dillard's Q3 profits decrease 26 percent

by FashionUnited
14 Nov 2019

Dillard's reported its net profit for Q3 decreased on Thursday. Compared with the same period last year, revenues also decreased by 2 percent.

The company's net profit for Q3 was 5.5 million dollars, dropped from 7.4 million dollars a year earlier. Revenues decreased to 1,388 million dollars. Compared to 1 percent a year ago, the profit margin of the company dropped to 0 percent.

Dillard's (NYSE: DDS) is an American upscale department store chain. The first Dillard's store was opened in 1938 by William T. Dillard. Dillard's stores offer a broad selection of merchandise and feature products from both national and international brands.

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