Dillard's Swings To Profit In Q2 - Quick Facts

(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday a second-quarter net income of $185.7 million or $8.81 per share, compared to a net loss of $8.6 million or $0.37 per share in the prior-year quarter.

Net sales for the quarter surged 72% to $1.57 billion from $919.0 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.54 per share on net sales of $1.31 billion for the quarter. Analysts' estimates typically exclude special items.

Comparable store retail sales for the second quarter of 2021 compared to the second quarter of 2019 increased 14%.