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

Dillard's Inc. /zigman2/quotes/200348006/composite DDS -3.64% 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. shares jumped 5%, Macy's Inc. /zigman2/quotes/201854387/composite M -4.36% shares climbed nearly 3%, and Nordstrom Inc. /zigman2/quotes/203902116/composite JWN -2.19% 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 +0.42% is up 9.1% and the S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.50% has gained 23.4% for the period.

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Dillard's Inc.

US : U.S.: NYSE

$ 24.85

-0.94 -3.64%

Volume: 687,045

July 1, 2020 4:00p

P/E Ratio

N/A

Dividend Yield

2.41%

Market Cap

$599.10 million

Rev. per Employee

$162,582

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Macy's Inc.

US : U.S.: NYSE

$ 6.58

-0.30 -4.36%

Volume: 46.01M

July 1, 2020 4:00p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

$2.13 billion

Rev. per Employee

$197,992

/zigman2/quotes/203902116/composite

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Nordstrom Inc.

US : U.S.: NYSE

$ 15.15

-0.34 -2.19%

Volume: 10.73M

July 1, 2020 4:00p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

$2.43 billion

Rev. per Employee

$214,324

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SPDR S&P Retail ETF

US : U.S.: NYSE Arca

$ 43.06

+0.18 +0.42%

Volume: 3.58M

July 1, 2020 4:00p

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S&P 500 Index

US : S&P US

3,115.86

+15.57 +0.50%

Volume: 2.70B

July 1, 2020 5:11p