Dillard's profits dip, same-store sales nudge up

Little Rock, Ark.-based retailer Dillard’s Inc. (NYSE: DDS) reported its second-quarter net earnings fell 5 percent, but its same-store sales nudged up 1 percent.

Profits for the quarter ended Aug. 2 landed at $34.5 million, or 80 cents per share, down from $36.5 million, or 79 cents per share, in the same quarter last year, according to Arkansas Business.

Net sales were nearly flat for the quarter, with a 0.3 percent decline to $1.475 billion from $1.48 billion during the same period in 2013.

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