After some review of the results and subsequent market action, Ive taken a small trading position in here with the intent to load up if we see sub $50.https://seekingalpha.com/pr/17789121-dillard-s-inc-reports-fourth-quarter-and-fiscal-year-resultsShare RepurchaseDuring the 13 weeks ended February 1, 2020, the Company purchased $36.7 million (approximately 0.5 million shares) of Class A Common Stock under its $500 million share repurchase program. During the 52 weeks ended February 1, 2020, the Company purchased $138.3 million (approximately 2.2 million shares). Subsequent to February 1, 2020, the Company has purchased $52.8 million (0.8 million shares) of Class A Common Stock. Total shares outstanding (Class A and Class B Common Stock) at February 24, 2020 and February 2, 2019 were $23.4 million and 26.3 million, respectively. As of February 24, 2020, authorization of $215.9 million remained under the program.Another squeeze brewing.EDIT: and oh yea, in case anyone gives a shit(I dont) theyre actually opening a couple new stores too, so business cant be that bad.
