Dillard's (DDS) Surges 7.8%: Is This an Indication of Further Gains?

Company Overview - Dillard's (DDS) shares increased by 7.8% to $450.49 in the last trading session, with a higher-than-average trading volume, compared to a 6.7% gain over the past four weeks [1] - The company is focusing on growth opportunities in both brick-and-mortar and e-commerce, enhancing its customer base and performance [2] Financial Performance - Dillard's is expected to report quarterly earnings of $3.47 per share, reflecting a year-over-year decline of 24.4%, while revenues are projected to be $1.51 billion, an increase of 1.2% from the previous year [3] - The consensus EPS estimate for Dillard's has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Shareholder Returns - The company is committed to rewarding shareholders through share buybacks and dividend payouts, which is seen as a positive sign for future performance [2] Industry Context - Dillard's operates within the Zacks Retail - Regional Department Stores industry, where Macy's (M) also operates, having closed 5.7% higher at $12.33 in the last trading session [4] - Macy's has seen a significant change in its EPS estimate, dropping by 14.3% over the past month to $0.18, which is a 66% decrease from the previous year [5]