Dillard’s Intrinsic Value – DILLARD’S Reports Earnings for FY2024 Q2, Ending July 31 2023
August 21, 2023
🌥️Earnings Overview
DILLARD’S ($NYSE:DDS) reported total revenue of USD 1597.4 million for the second quarter of FY2024, ending on July 31 2023, which was 1.3% lower than the same period the previous year. The company’s net income went down 19.5%, to USD 131.5 million, compared to the same quarter in the prior year. The results were released on August 10 2023.
Price History
On Thursday, DILLARD’S reported its earnings for its second quarter of fiscal year 2024, which ended on July 31, 2023. The stock opened at $343.0 and closed at $369.8, representing a 10.0% increase from the last closing price of 336.2. This marks a strong performance for the retailer, particularly in the face of the global pandemic, which has put many businesses under strain. The company’s results can be attributed to its commitment to providing customers with a range of high-quality products and services at competitive prices. This has enabled DILLARD’S to continue to attract customers and boost sales.
Additionally, the company has invested in innovative technology and digital marketing initiatives to better reach potential customers. Overall, DILLARD’S reported strong financial results for the second quarter of FY2024, driven by its commitment to providing customers with quality products and services at competitive prices, as well as its investment in innovative technologies and digital marketing initiatives. This is a testament to the company’s resilience and ability to adapt to changing market conditions. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dillard’s. More…
| Total Revenues | Net Income | Net Margin |
| 6.95k | 810.1 | 11.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dillard’s. More…
| Operations | Investing | Financing |
| 1.07k | -222.77 | -563 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dillard’s. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.51k | 1.8k | 102.11 |
Key Ratios Snapshot
Some of the financial key ratios for Dillard’s are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.5% | 88.8% | 14.9% |
| FCF Margin | ROE | ROA |
| 13.6% | 38.4% | 18.4% |
Analysis – Dillard’s Intrinsic Value
At GoodWhale, we have been carefully analyzing the fundamentals of Dillard’s. Our proprietary Valuation Line has revealed that the fair value of Dillard’s share is around $177.2. However, currently the stock is trading at $369.8, representing an overvaluation of 108.7%. This discrepancy indicates that the stock is highly overpriced and investors should exercise caution before investing in Dillard’s. More…
Peers
Dillard’s Inc, Macy’s Inc, Nordstrom Inc, and Kohl’s Corp are all in competition with each other. They are all trying to get the customer’s money by offering different products and services.
– Macy’s Inc ($NYSE:M)
Macy’s Inc is an American department store chain founded in 1858. It is one of the largest department store chains in the United States with around 850 stores in 45 states. Macy’s Inc has a market cap of 5.04B as of 2022 and a Return on Equity of 40.81%. The company operates in the Retail industry and its headquarters is in Cincinnati, Ohio.
– Nordstrom Inc ($NYSE:JWN)
Nordstrom is an American luxury fashion retailer founded in 1901. It has a market cap of $3.09B as of 2022 and a Return on Equity of 70.09%. Nordstrom operates in over 38 countries and has over 350 stores across the globe. The company offers a wide range of products and services, including apparel, shoes, handbags, jewelry, and beauty products. Nordstrom also has an e-commerce platform that offers free shipping and returns.
– Kohl’s Corp ($NYSE:KSS)
Kohl’s is a leading retailer that operates more than 1,100 department stores across the United States. The company offers a wide variety of merchandise, including apparel, shoes, and accessories for men, women, and children, as well as home products. Kohl’s also provides exclusive lines from top brands such as Nike, Adidas, and Under Armour. In addition to its retail stores, Kohl’s operates an e-commerce site and a mobile app.
Kohl’s has a market capitalization of 3.3 billion as of 2022 and a return on equity of 16.46%. The company has been in operation for over 50 years and has a strong reputation for providing quality merchandise at competitive prices. Kohl’s is committed to offering an enjoyable shopping experience for its customers and provides a variety of convenient shopping options, such as online and mobile shopping.
Summary
This represents a decline of 1.3% and 19.5% compared to the same period last year, respectively. Despite this, the stock price moved up the same day, indicating investor confidence in the company’s current state and future prospects. As such, investors may want to consider Dillard’s as an opportunity for potential returns.
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