LITTLE ROCK, Ark. (AP) — LITTLE ROCK, Ark. (AP) — Dillard’s Inc. (DDS) on Thursday reported fiscal first-quarter profit of $250.6 million.
The Little Rock, Arkansas-based company said it had profit of $16.04 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $10.13 per share.
The department store operator posted revenue of $1.57 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $1.54 billion.
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