Dillard’s Inc. profits gained solidly in the fourth quarter, but investors were hoping for a little more and the stock fell 9.4 percent Monday.
The retailer’s net income increased 14.1 percent in the quarter to $161.4 million, or $3.36 a diluted share, from $141.5 million, or $2.77, a year ago. Revenues for the 14 weeks ended Feb. 2 gained 7.1 percent to $2.15 billion from $2.01 billion. The most recent fiscal quarter included one extra week compared with a year earlier. Stripping out the extra week, comparable-store sales rose 3 percent.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)