Dillard's Inc.
Dillard's Inc., the U.S. department store chain that operates mostly in southern states but with six stores in Utah, posted a wider second-quarter loss than analysts anticipated as lower apparel sales prompted the retailer to offer bigger markdowns.
The loss was $25.2 million, or 31 cents a share, compared with net income of $15.7 million, or 20 cents, a year earlier. Revenue fell 2.6 percent to $1.69 billion for the three months through Aug. 4, Little Rock, Arkansas-based Dillard's said today in a statement.
Pioneer
Pioneer Oil and Gas, based in South Jordan, reported net income of $906,033, or 12 cents per share, for the third quarter. That compares with net income of $93,761, or 1 cent per share, for the third quarter of fiscal 2006.
Revenues totaled $1.8 million for the period ended June 30, up from $453,759 in the prior-year quarter.