Why Dillard's Stock Was Going Up on Friday
Shares of department-store chain Dillard's (NYSE: DDS) were climbing higher on Friday, after the company reported earnings for the first quarter of 2020. As 2:40 p.m. EDT, the stock was up 15%.
Don't misunderstand today's stock move; the numbers for Dillard's are quite ugly. Total quarterly retail sales fell a whopping 47% year over year.
About half of Dillard's locations remain closed. Image source: Getty Images.
Source Fool.com
