You Won't Believe Which Company Just Posted Record Earnings

·4 min read
You Won't Believe Which Company Just Posted Record Earnings

On Thursday, the regional department store operator posted solid sales and record earnings results for the first quarter of fiscal 2021, smashing analysts' estimates. Total retail sales surged 73% year over year to $1.3 billion, as the retailer recovered a lot of the ground it lost a year ago, when the pandemic forced many stores to close and crushed traffic to those that remained open. Dillard's didn't quite reach the $1.42 billion retail sales volume it managed in the first quarter of 2019.

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