Right out of the gate, 2019 consistently got to over 50% off as the average discount on in-store items. Previous years saw averages hovering in the high teens, so apparently Dillard's needs to sell the inventory like SOON.
Likewise, the total number of items discounted to stupid dumb low prices has doubled since this spring. The pre-summer deals were only the start, as the post-summer deals are where it's at.
In response, the amount of people talking about Dillard's on Facebook is on the rise. It's getting to levels we haven't seen since Black Friday from two years ago, and we imagine it's because of all the price tags being like, half off. Hopefully, this aggressive push to get people in stores, talking about the deals, and buying clothes will result in a great earnings call soon.
According to Zacks Investment Research, based on analysts' forecasts, the consensus EPS forecast for the quarter is $-0.29. Maybe Dillard's can escape and survive the retail apocalypse.
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