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Increased Markdowns Hurt Dillard’s Q2 as Losses Widen

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It was not a good quarter for Dillard’s Inc. as key metrics–missed revenue expectations, declining comparable store sales and lower gross margins from last year–contributed to a wider second-quarter loss. In a Nutshell: Dillard’s Inc. cited increased markdowns as the reason its gross margin fell 319 basis points in the quarter. But women’s apparel and…

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