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Why Dillard's (DDS) Stock Is Up Today

Shares of department store chain Dillard’s (NYSE:DDS) jumped 5.5% in the morning session after retail stocks surged after bellwether Target reported third quarter results that blew past analysts' EPS expectations, driven by a small beat on revenue, better profitability, and a lower-than-expected tax rate. While same-store sales declined, the figure exceeded analysts' expectations. The company also generated healthy operating cash flows and repositioned its inventory into a healt...
What Happened Wall Street Dillard 39 S Department Store Chain Third Quarter Results
Source: yahoo.com

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