It was revealed in a recent SEC filing that Denise Dillard Mahaffy, Senior Vice President at Dillard's (NYSE:DDS) made a noteworthy insider purchase on February 6,.
What Happened: In a Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission, it was disclosed that Mahaffy bought 156 shares of Dillard's, amounting to a total of $61,039.
Dillard's shares are trading down 1.62% at $377.15 at the time of this writing on Wednesday morning.
Delving into Dillard's's Background
Dillard's Inc is an American fashion apparel, cosmetics, and home furnishings retailer. Its stores offer a large variety of merchandise and feature products from both national and exclusive brand sources. The company also operates a general contracting construction company, CDI Contractors. CDI Contractors' business includes constructing and remodelling stores for Dillards. The merchandise selections include exclusive brand merchandise such as Antonio Melani, Gianni Bini, Daniel Cremieux, Roundtree & Yorke, and private-label merchandise, among others. The company operates in two business segments; Retail Operations and Construction. The Retail Operations segment generates maximum revenue for the company.
Dillard's: Delving into Financials
Revenue Challenges: Dillard's's revenue growth over 3 months faced difficulties. As of 31 October, 2023, the company experienced a ...