Top Bears Reasons To Sell — Vote below!

Add a New Bears Reason

Company: Dillard's (DDS)
Current price:
Headline: (100 character max)
Analysis:
Cancel
50%
agree
2 votes

  DDS top management targeted for weak performance

October 2008 sales at DDS decreased by 9% to $406 million when compared to the same four-week period last fiscal year, and same-store sales were down a whopping 8% during October. In addition to its weak performance, activist shareholders have raised concern over CEO William Dillard II's performance in the last 10 years, citing the decline in profits for the previous six quarters and urging a management team change. Although the demand was rejected by the board of directors, it has raised issue over DDS's top management's ability to safeguard DDS through tough economic times.

(100 character max) Cancel
33%
agree
3 votes

  DDS not expanding to off-mall locations

All of Dillard's 325 stores are located in malls and the company has no plans to expand to off-mall locations in 2009. This is a potential problem for the company because since 2000, consumers have shifted away from malls and towards shopping centers and off-mall locations. Dillard's competitors such as Kohl's (KSS)is far ahead of the game operating 938 of its 1004 stores in off-mall locations. J.C. Penney, although it only has a few off-mall locations, plans to build 16 out of its 17 new stores in off-mall locations in 2009.

(100 character max) Cancel
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki