On February 6, a substantial insider purchase was made by Drue Mathehy, Executive Vice President at Dillard's (NYSE:DDS), as per the latest SEC filing.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday, Mathehy increased their investment in Dillard's by purchasing 284 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $111,123.
Tracking the Wednesday's morning session, Dillard's shares are trading at $377.15, showing a down of 1.62%.
Discovering Dillard's: A Closer Look
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's Financial Performance
Revenue Challenges: Dillard's's revenue growth over 3 months faced difficulties. As of 31 October, 2023, the company ...