Dillard’s Rallies After Beating Earnings Estimates Despite Higher Costs

Dillard’s (NYSE:DDS) soared in early trading on Thursday after the department store operator topped expectations with revenue of $1.59B in Q2.

Total retail sales were up 1% during the quarter and comparable sales were flat. Stronger performing categories for DDS included men’s apparel and accessories and cosmetics. Ladies’ apparel was the weakest performing category during the quarter. Read more at Seeking Alpha.