(RTTNews) - Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that its third-quarter net income dropped to $124.6 million from last year's $155.3 million.
Earnings per share declined to $7.73 from $9.49 a year ago.
Net sales for the 13 weeks ended November 2 were $1.427 billion, slightly lower than prior year's $1.476 billion.
Total retail sales decreased 4 percent from last year to $1.356 billion. Sales in comparable stores for that same period decreased 4 percent.
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