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Dillard's (NYSE:DDS) tracked to another 52-week high on Wednesday as the department store stock continues to run laps around its department store peers.
Dallas-based Dillard's (DDS) is up 33% over the last 52 weeks vs. the 8% decline for Macy's (M) over the same period, 1% dip for Nordstrom (JWN), and 4.5% drop for Kohl's Corporation (KSS). With a market cap of $6.93B, Dillard's (DDS) is now more valuable than Macy's (M), Nordstrom (JWN), and Kohl's (KSS). The Dillard's (DDS) market cap is also higher than that of Abercrombie & Fitch (ANF), American Eagle Outfitters (AEO), and Urban Outfitters (URBN).
Within the department store sector, Dillard's (DDS) has the highest percentage of insider ownership. Short interest on Dillard's (DDS) is still somewhat elevated at 14% of the total float.
Seeking Alpha analysts Albert Anthony and Douglas McKenny have both been bullish on Dillard's (DDS) for quite some time, while Wall Street analysts have had a consensus Sell rating on the stock.
Earlier in the month, Dillard's (DDS) announced a new concept called the Coterie Shop, which was described as an elevated style platform celebrating the unique design talent of four fashion entrepreneurs. The Coterie Shop was noted to feature distinctive luxury special occasion and casual dressing pieces from Abbey Glass, Buru, Crosby by Mollie Burch and Fanm Mon. "The four lines were each founded with a unique style approach - but all born of the common theme that dressing, whether for special occasions or for the everyday moments that matter, can inspire confidence, self-expression and joy," updated Dillard's (DDS).
Looking ahead, Dillard's (DDS) is due to report earnings sometime in the next few weeks. The company has topped consensus EPS marks in 12 straight quarters and was also of the consensus revenue estimates in 10 of those quarters.