By  on November 14, 2013

Dillard’s Inc. beat analysts’ expectations for the third quarter as it squeezed out a 4.9 percent profit rise on a 1 percent increase in same-store sales.

The Little Rock, Ark.-based department store chain reported net income for the three months ended Nov. 2 of $50.9 million, or $1.13 a share, versus year-ago profits of $48.5 million, or $1.01. Analysts had expected EPS of $1.05 in the more recent quarter. Year-ago earnings reflect 5 cents gained from the sale of two store locations and an adjustment for tax valuation.

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