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Dillard's (DDS) Stock Tanks on Lower-Than-Expected Q1 Results

NEW YORK (TheStreet) -- Dillard's (DDS - Get Report) shares are sliding 5.18% to $57.50 in Friday's pre-market trading session after the retailer yesterday afternoon posted weak 2016 first quarter earnings.

Profit for the recent period came in at $2.17 a share, missing Wall Street's expectations of $2.57 a share.

Revenue of $1.54 billion was also shy of estimates, as analysts were looking for $1.56 billion.

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