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Dillard’s reported its net profit for full year slipped on Tuesday.
Revenues slipped by 2.4 percent from the same period last year.
For full year, the company’s net profit was 111.1 million dollar,
slipped from 170.3 million dollar last year. Revenues slipped to 6,204
million dollar. The profit margin of the company decreased to 2 percent
compared to 3 percent a year ago.
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. The company operates an online
store and over 292 Dillard’s retail locations and 27 clearance centers in
the United States.
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