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Nov. 14, 2019, 10:34 a.m. EST

Dillard's stock skyrockets 17% after unexpected earnings beat, driving J.C. Penney stock up

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By Tonya Garcia

Dillard's Inc. /zigman2/quotes/200348006/composite DDS -0.35% stock soared 17% in Thursday trading after it reported a surprise profit, and lifted other department store stocks with it. J.C. Penney Co. Inc. /zigman2/quotes/204684963/composite JCP -3.51% shares jumped 5%, Macy's Inc. /zigman2/quotes/201854387/composite M +1.82% shares climbed nearly 3%, and Nordstrom Inc. /zigman2/quotes/203902116/composite JWN -0.72% stock was up almost 2% on Thursday. Many department stores haven't reported their latest quarterly earnings, heading into a holiday season with both bullish forecasts for sales but concerns about the shortened shopping period. Dillard's stock has gained 32% for the year to date, the SPDR S&P Retail ETF /zigman2/quotes/206947004/composite XRT -0.36% is up 9.1% and the S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.15% has gained 23.4% for the period.

/zigman2/quotes/200348006/composite
US : U.S.: NYSE
$ 68.66
-0.24 -0.35%
Volume: 226,520
Dec. 5, 2019 6:30p
P/E Ratio
14.22
Dividend Yield
0.87%
Market Cap
$1.72 billion
Rev. per Employee
$162,582
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/zigman2/quotes/204684963/composite
US : U.S.: NYSE
$ 1.10
-0.04 -3.51%
Volume: 10.00M
Dec. 5, 2019 6:30p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$352.00 million
Rev. per Employee
$126,516
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/zigman2/quotes/201854387/composite
US : U.S.: NYSE
$ 15.11
+0.27 +1.82%
Volume: 22.72M
Dec. 5, 2019 6:30p
P/E Ratio
4.89
Dividend Yield
9.99%
Market Cap
$4.67 billion
Rev. per Employee
$197,992
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/zigman2/quotes/203902116/composite
US : U.S.: NYSE
$ 37.41
-0.27 -0.72%
Volume: 2.54M
Dec. 5, 2019 6:30p
P/E Ratio
10.89
Dividend Yield
3.96%
Market Cap
$5.81 billion
Rev. per Employee
$214,324
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/zigman2/quotes/206947004/composite
US : U.S.: NYSE Arca
$ 43.75
-0.16 -0.36%
Volume: 3.10M
Dec. 5, 2019 8:00p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,117.43
+4.67 +0.15%
Volume: 1.65B
Dec. 5, 2019 5:16p
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