By  on November 15, 2018

Shares in department store chain Dillard’s Inc.’s nosedived after it unveiled another “disappointing” quarter.

The Little Rock, Ark.-based company reported third-quarter net income of $7.4 million, or 27 cents per share, compared to $14.5 million, or 50 cents per share a year earlier. This fell short of the Wall Street consensus for earnings per share of 56 cents, according to Factset.

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