Dillard's: net loss increases in Q2
(CercleFinance.com) - On Thursday night department store chain Dillard announced a Q2 net loss of 40.
7 million dollars, or 1.59 dollar per share, compared to a loss of just 10 cents per share a year ago.
The company posted sales of 1.43 billion dollars over the period, with same-store sales down 2%, compared with a 1% increase a year ago.
At the time, the company that is based in Little Rock (Arkansas) said that it has redistributed 51.4 million dollars to its shareholders over the quarter, in the form of share repurchases and dividends.
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