The Latest Breaking News from DDS

Despite economic uncertainties, retail sales have remained resilient lately. Since the Fed is expected to slow the rate hikes with inflation showing signs of cooling down, holiday sales are expected to be strong. Therefore, it could be wise to pick up fundamentally strong retail stocks Walmart Inc. (WMT), The Hershey…

Inflation has undoubtedly affected consumer sentiment, but retail sales remained resilient. Given the signs of cooling inflation, holiday sales are expected to be robust this year. Therefore, it could be wise to add fundamentally strong stocks Walmart (WMT), Hershey (HSY), and Dillard (DDS) to your watchlist now. Continue reading….

The apparel industry is well-positioned to grow significantly, driven by a rise in online shopping demand, an increase in per capita income, and evolving consumer preferences. Moreover, despite the pressure of rising prices, holiday spending is expected to remain resilient and healthy. Hence, it could be wise to buy quality…

There are preps all around for the holiday season. Consumers eye discounts, and retail stores increase their in-store workforce. With inflation finally showing signs of slowing down and consumer demand remaining robust, it could be wise to pick up fundamentally strong retail stocks Walmart (WMT), Dollar General (DG), Dillard's (DDS),…

Retail sales rose last month, with consumers showing resilience. However, the persistently high inflation and growing recession concerns are prompting consumers to cut back on discretionary spending. While investors looking for retail investments could consider buying Dillard’s (DDS) and Movado (MOV), we think Gap (GPS) and RealReal (REAL) might be…

Many investors are currently focusing on Nordstrom (JWN) due to its top-line growth, improved profitability, and progress in its strategic initiatives. However, the company slashed its full-year 2022 guidance amid slowing demand and inventory issues. So, given DDS’ strong fundamentals, bright growth prospects, and attractive dividends, we think this retail…

HYDERABAD

The fashion industry is regaining traction with pent-up demand and rapid technological advancements. With analysts expecting robust fashion sales this year, fundamentally sound fashion stocks Hugo Boss (BOSSY), Chico's FAS (CHS), Nordstrom (JWN), Macy's (M), and Dillard's (DDS), which are currently trading at discounts to their peers, could be solid…

Dillard’s Inc (NYSE:DDS) reported first-quarter FY22 sales growth of 21% year-on-year to $1.64 billion.  Comparable retail sales increased 23% versus Q1 2021. Retail sales increased 22% Y/Y. EPS was $13.68 versus $7.25 in Q1 2021. Operating expenses rose 19.1% Y/Y to $400.8 million. Retail gross margin for the quarter expanded 470 basis points…

The stock market has been extremely volatile since the beginning of the year due to investors’ concerns about various economic and geopolitical developments. Since the volatility is expected to continue in the coming months, we think it could be wise to bet on APA (APA), ICL Group (ICL), ZIM Integrated…

Dillard’s Inc (NYSE:DDS) board has approved a new share repurchase program to repurchase up to $500 million of its common stock. The new open-ended authorization permits the company to repurchase its shares in the open market. The board also declared a cash dividend of $0.20 per share, payable May 2, 2022, to shareholders…