Dillard’s Inc. DDS, +19.88% stock jumped 6.4% in Thursday premarket trading after the department store retailer reported third-quarter earnings that blew past estimates. Net income totaled $197.3 million, or $9.81 per share, up from $31.9 million, or $1.43 per share, last year. Sales of $1.481 billion were up from $1.025 billion last year. The FactSet consensus was for EPS of $5.52 and sales of $1.440 billion. Comparable retail sales grew 48%, ahead of the FactSet consensus for 25% growth. Dillard’s operates 250 Dillard’s locations and 30 clearance centers in 29 states, as well as an e-commerce site. Dillard’s stock has skyrocketed 369.5% for the year to date while the benchmark S&P 500 index SPX, +0.19% is up 23.7% for the period.
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