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

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

Add to watchlist DDS

Dillard's Inc.

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

/zigman2/quotes/204684963/composite

Add to watchlist JCP

J.C. Penney Co. Inc.

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

/zigman2/quotes/201854387/composite

Add to watchlist M

Macy's Inc.

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

/zigman2/quotes/203902116/composite

Add to watchlist JWN

Nordstrom Inc.

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

/zigman2/quotes/206947004/composite

Add to watchlist XRT

SPDR S&P Retail ETF

US : U.S.: NYSE Arca

$ 43.75

-0.16 -0.36%

Volume: 3.10M

Dec. 5, 2019 8:00p

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

3,117.43

+4.67 +0.15%

Volume: 1.65B

Dec. 5, 2019 5:16p