S&P lifts outlook on Dillard's to Positive


S&P revises its outlook on Dillard's (DDS -0.2%) to Positive from Stable.

The rating agency forecasts that the consistent growth shown by Dillard's will continue.

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Comments (1)
  • Merrill McHenry, CFA
    , contributor
    Comments (38) | Send Message
     
    Sure, they'd be hurting margins to gut out winter goods EVEN WITHOUT +4% EXCESS YoY INVENTORIES. We thought -180bp in margin was bad in Q4 - I expect margins gutted through Q2 - then before you know it 2014 earnings will fall down as well.
    Share buy-backs can't mask underlying troubles and undefendable strategy (if there is one!).
    19 Mar 2014, 05:34 PM Reply Like
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