By  on November 11, 2011

Dillard’s Inc.’s third-quarter profits shot up 85 percent as better sales and steady gross margins reverberated on the department store’s bottom line. Net income increased to $26.6 million, or 50 cents a diluted share, from $14.4 million, or 22 cents, a year earlier. Revenues for the three months ended Oct. 29 rose 3.2 percent to $1.42 billion from $1.37 billion.

This story first appeared in the November 14, 2011 issue of WWD. Subscribe Today.

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