Why Dillard's Stock Dropped 12.3% This Week
Dillard's Inc. (NYSE: DDS) saw its stock price fall 12.3% this week from last Friday's close through noon EST today, according to S&P Global Market Intelligence. All of the major market indexes were down this week, as the S&P 500 fell 2.7%, the Dow Jones Industrial Average plunged 3%, and the Nasdaq Composite tumbled 3.3% as of Friday at noon EST. In its fiscal fourth quarter ended Jan. 28, 2023, Dillard's had $2.16 billion in net sales, which were basically flat compared to the year-ago period.