Dillard Inc. Q3 Profit Retreats 36%

(RTTNews) - Dillard Inc. (DDS) released earnings for third quarter that fell compared to the same period last year.

The company said its bottom line declined to $14.5 million, or $0.50 per share. This was down from $22.8 million, or $0.67 per share, in last year's third quarter.

Analysts had expected the company to earn $0.33 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.7% to $1.40 billion. This was down from $1.41 billion last year.

Dillard Inc. earnings at a glance:

-Earnings (Q3): $14.5 Mln. vs. $22.8 Mln. last year. -Earnings Decline (Y-o-Y): -36.4% -EPS (Q3): $0.50 vs. $0.67 last year. -EPS Decline (Y-o-Y): -25.4% -Analysts Estimate: $0.33 -Revenue (Q3): $1.40 Bln vs. $1.41 Bln last year. -Revenue Change (Y-o-Y): -0.7%