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Dillard's missed Q2 earnings and revenue estimates, shares fell 10%. Adjusted EPS was $4.59, down 5.3% in revenue to $1.51 billion. Sales declined in men's apparel, accessories, and shoes, weakest categories. Costs rose to 29.1% of sales due to higher payroll expenses. CEO noted disappointment in performance amid challenging consumer environment.
- Dillard's missed Q2 earnings and revenue estimates, shares fell 10%.
- Adjusted EPS was $4.59, down 5.3% in revenue to $1.51 billion.
- Sales declined in men's apparel, accessories, and shoes, weakest categories.
- Costs rose to 29.1% of sales due to higher payroll expenses.
- CEO noted disappointment in performance amid challenging consumer environment.
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