Why Dillard's (DDS) Earnings and Buybacks Spotlight Its Cash Flow Strength

Dillard's, Inc. recently announced its Board of Directors declared a US$0.30 per share cash dividend and disclosed the completion of a 6.05% share buyback program amounting to US$334.83 million, alongside releasing second quarter earnings with revenues of US$1.54 billion and net income of US$72.8 million. While earnings were relatively flat, the company's strong free cash flow and negative accrual ratio signal underlying financial resilience that has encouraged investors. We'll now explore...