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Stock impact report

Dillard's Follows Macy's With Solid Sales and Decent Earnings [The Motley Fool]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: The Motley Fool
Dillard's achieved solid comp sales growth and a 36% EPS increase last quarter. However, this sales and earnings recovery may not have staying power. Last Wednesday, Macy's ( NYSE:M ) reported surprisingly strong sales and earnings results for the first quarter of fiscal 2018. This big earnings beat helped investors gain confidence in the retailer's turnaround effort. A day later, Macy's smaller rival Dillard's ( NYSE:DDS ) followed with its own solid earnings report. The better-than-expected results and a recent analyst upgrade have helped power a roughly 13% rally in Dillard's stock over the past week. Dillard's Stock Performance, data by YCharts . However, Dillard's earnings recovery is likely to be less durable than that of Macy's, because it depends primarily on a recovery in consumer spending. By contrast, Macy's has been making big investments in order to drive more customers to its stores and e-commerce site, which could drive a more sustain Show less Read more
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