<p>迪拉德公司（Dillard’s Inc.）纽约证券交易所代码：DDS 的股票在公司发布了大幅超出预期的第一季度财报后大幅上涨，但随着投资者意识到大部分上涨与一起诉讼和解有关，涨势迅速消退。最终，股价仅小幅上涨，投资者在深入分析报告后显得更加谨慎。</p>
<p>一些热情可能也因公司令人难以置信的多年表现而受到抑制。过去五年，股价上涨超过 270%，在投资者重新评估股票后，开始从历史高点回落。</p>
<h2>第一季度收益因法律和解获得大幅提升</h2>
<p>很容易理解为什么迪拉德的股票在报告发布后立即上涨。这家百货公司连锁店在 5 月 14 日公布的第一季度每股收益为 16.04 美元，显著高于去年同期的 10.39 美元，并且比华尔街预期的 10.13 美元高出 5.91 美元。</p>
<p>收益因一起法律和解获得了重大提升，税后每股增加了 5.10 美元。公司表示，该和解是针对长期存在的支付卡交换费用的诉讼。</p>
<p>该季度的收入为 15.9 亿美元，比去年增长 2.7%，超出预期近 3400 万美元。同时，同店销售增长了 3%，而利润率有所改善。</p>
<p>然而，运营费用在本季度有所增加，主要是由于工资和与工资相关的费用上升。库存增长了 3%。</p>
<h2>各类商品销售均有所增加</h2>
<p>迪拉德表示，各类商品的销售同比均有所增长，家居和家具、女士配饰、内衣和鞋类的增幅显著。男装和配饰、青少年及儿童服装、女士服装的增幅则相对温和。化妆品销售略有增长。</p>
<p>迪拉德首席执行官威廉·T·迪拉德二世在公司的新闻稿中评论了这一结果，表示：“我们很高兴在 2026 年有一个良好的开端，销售增长 3% 并实现盈利，零售毛利率提高至 45.8%。我们继续专注于通过新商品激励我们的客户。”</p>
<p>迪拉德对 2026 年的前瞻性指引有限，包括预计资本支出约为 1.3 亿美元，高于去年的 9300 万美元，折旧和摊销费用约为 1.75 亿美元，略低于去年的 1.79 亿美元。</p>
<h2>股票的涨势迅速失去动力</h2>
<p>乍一看，投资者似乎对财报感到兴奋，股价在盘前交易中大幅上涨，并在开盘时进一步攀升。该股票在前一交易日收于 532 美元以下，迅速飙升至近 593 美元，但很快又回吐了这些涨幅。在某个时刻，股价短暂跌入负值区域，尽管最终以约 0.4% 的涨幅结束了交易。</p>
<p>该股票在过去五年中表现强劲，涨幅约为 270%。2025 年下半年尤其强劲，多个季度的收益和收入超出预期，持续推动股价上涨。股价从 6 月初的 400 美元以下攀升至 12 月的 742 美元以上的历史最高点。</p>
<h3>迪拉德公司（DDS）2026 年 5 月 19 日的价格走势图</h3>
<p>自达到峰值以来，动能有所减弱。过去三个月，股价下跌超过 20%，在公司于 2 月 24 日发布的第四季度财报后，市场情绪再次受到打击。在该季度，收益和收入同比下降，收入未能达到华尔街的预期。</p>
<h2>华尔街对该股票保持谨慎态度</h2>
<p>尽管第一季度的业绩稳健，分析师对该股票仍持谨慎态度。根据五位覆盖该公司的华尔街分析师的意见，迪拉德目前有两项卖出评级和三项持有评级。12 个月的平均目标价约为 521 美元，略低于当前约 527 美元的股价。最低目标为 449 美元，最高为 650 美元。</p>
<p>在股价经历如此强劲的上涨后，一些投资者可能也在质疑该股票的估值。迪拉德的市盈率约为 12 倍，超过了大多数零售行业平均的约 10.8 倍。它的估值也高于传统百货商店的同行。梅西百货（Macy’s Inc.）的市盈率约为 8 倍，而以价值为导向的科尔士（Kohl’s Corp.）的市盈率则略低于 5 倍。</p>
<p>然而，值得注意的是，尽管迪拉德的收入低于梅西和科尔士，但其盈利能力更强。公司的净利润率约为 10.1%，远高于梅西的约 2.4% 和科尔士的不到 1.8%。其近 32% 的股本回报率也高于梅西的约 14% 和科尔士的不到 5%。</p>
<p>尽管迪拉德继续发布强劲的盈利能力指标，但在股票经历了大规模的多年上涨后，投资者似乎变得越来越谨慎。目前，华尔街似乎在等待更强劲的基础增长和更清晰的前景，然后再对该股票持更乐观的态度。</p>
<h2>你现在应该投资 1000 美元在迪拉德吗？</h2>
<p>在考虑投资迪拉德之前，你需要听听这个。</p>
<p>MarketBeat 每天跟踪华尔街顶级评级和表现最佳的研究分析师及其推荐给客户的股票。MarketBeat 已经识别出五只股票，顶级分析师正在悄悄地向客户推荐在更广泛的市场注意到之前购买……而迪拉德并不在名单上。</p>
<p>虽然迪拉德目前在分析师中被评为减持，但顶级分析师认为这五只股票更值得投资。</p>
<p>在这里查看这五只股票</p>

狄乐百货

<p>迪拉德百货（Dillard's）报告了第一季度每股收益显著超出预期，达到了 16.04 美元，这得益于一项诉讼和解。尽管初期股价上涨，但由于投资者变得谨慎，经过对过去五年股价上涨 270% 的重新评估，股价最终仅小幅上涨。分析师们保持谨慎，给予两项卖出评级和三项持有评级，平均目标价为 521 美元，低于当前价格。迪拉德百货的交易价格相较于同行处于溢价状态，但其盈利能力指标依然强劲</p>

<p>Dillard’s Inc. NYSE: DDS stock surged after the company posted a massive first-quarter earnings beat, but the rally quickly faded as investors realized much of the upside was tied to a litigation settlement. Shares ultimately ended the session only slightly higher, as investors appeared more cautious after digging into the report.</p>
<div class="lb-trans"><p>迪拉德公司（Dillard’s Inc.）纽约证券交易所代码：DDS 的股票在公司发布了大幅超出预期的第一季度财报后大幅上涨，但随着投资者意识到大部分上涨与一起诉讼和解有关，涨势迅速消退。最终，股价仅小幅上涨，投资者在深入分析报告后显得更加谨慎。</p>
</div><p>Some enthusiasm may also have been tempered by the company’s incredible multi-year run. Shares, which had climbed more than 270% over the past five years, began to pull back from their all-time highs as investors reassessed the stock following the massive rally.</p>
<div class="lb-trans"><p>一些热情可能也因公司令人难以置信的多年表现而受到抑制。过去五年，股价上涨超过 270%，在投资者重新评估股票后，开始从历史高点回落。</p>
</div><h2>Q1 Earnings Get a Big Boost From Legal Settlement</h2>
<div class="lb-trans"><h2>第一季度收益因法律和解获得大幅提升</h2>
</div><p>It’s easy to see why Dillard’s stock rallied immediately following the report. The department store chain reported Q1 earnings on May 14 of $16.04 per share, significantly higher than year-ago earnings of $10.39 and $5.91 above Wall Street’s expectations of $10.13 per share.</p>
<div class="lb-trans"><p>很容易理解为什么迪拉德的股票在报告发布后立即上涨。这家百货公司连锁店在 5 月 14 日公布的第一季度每股收益为 16.04 美元，显著高于去年同期的 10.39 美元，并且比华尔街预期的 10.13 美元高出 5.91 美元。</p>
</div><p>Earnings received a major boost from a litigation settlement, which added $5.10 per share after taxes. The company said the settlement followed a long-standing lawsuit regarding payment card interchange fees.</p>
<div class="lb-trans"><p>收益因一起法律和解获得了重大提升，税后每股增加了 5.10 美元。公司表示，该和解是针对长期存在的支付卡交换费用的诉讼。</p>
</div><p>Revenue for the quarter came in at $1.59 billion, up 2.7% from the prior year and topping estimates by nearly $34 million. Meanwhile, same-store sales rose 3%, while margins improved.</p>
<div class="lb-trans"><p>该季度的收入为 15.9 亿美元，比去年增长 2.7%，超出预期近 3400 万美元。同时，同店销售增长了 3%，而利润率有所改善。</p>
</div><p>Operating expenses increased during the quarter, however, largely due to higher payroll and payroll-related expenses. Inventory rose 3%.</p>
<div class="lb-trans"><p>然而，运营费用在本季度有所增加，主要是由于工资和与工资相关的费用上升。库存增长了 3%。</p>
</div><h2>Merchandise Sales Increased Across Categories</h2>
<div class="lb-trans"><h2>各类商品销售均有所增加</h2>
</div><p>Dillard’s said year-over-year sales increases were reported across all merchandise categories, with significant gains in home and furniture, ladies’ accessories, lingerie, and shoes. The company saw more moderate increases in men’s apparel and accessories, juniors’ and children’s apparel, and ladies’ apparel. Cosmetics sales increased slightly.</p>
<div class="lb-trans"><p>迪拉德表示，各类商品的销售同比均有所增长，家居和家具、女士配饰、内衣和鞋类的增幅显著。男装和配饰、青少年及儿童服装、女士服装的增幅则相对温和。化妆品销售略有增长。</p>
</div><p>Dillard’s Chief Executive William T. Dillard II commented on the results in the company’s press release, saying, “We are pleased to report a good start to 2026 with a profitable 3% sales growth supported by an increased 45.8% retail gross margin. We continue to focus on motivating our customer with newness in our merchandise assortment.”</p>
<div class="lb-trans"><p>迪拉德首席执行官威廉·T·迪拉德二世在公司的新闻稿中评论了这一结果，表示：“我们很高兴在 2026 年有一个良好的开端，销售增长 3% 并实现盈利，零售毛利率提高至 45.8%。我们继续专注于通过新商品激励我们的客户。”</p>
</div><p>Dillard’s offered limited forward guidance for 2026, including projected capital expenditures of roughly $130 million, up from $93 million last year, and depreciation and amortization expense of about $175 million, down slightly from $179 million the previous year.</p>
<div class="lb-trans"><p>迪拉德对 2026 年的前瞻性指引有限，包括预计资本支出约为 1.3 亿美元，高于去年的 9300 万美元，折旧和摊销费用约为 1.75 亿美元，略低于去年的 1.79 亿美元。</p>
</div><h2>Stock’s Rally Quickly Lost Steam</h2>
<div class="lb-trans"><h2>股票的涨势迅速失去动力</h2>
</div><p>At first glance, investors seemed thrilled by the earnings report, with shares surging in premarket trading and climbing further at the open. The stock, which had closed the previous session below $532, jumped to nearly $593 before quickly giving up those gains. At one point, shares briefly dipped into negative territory, though they ultimately ended the session up around 0.4%.</p>
<div class="lb-trans"><p>乍一看，投资者似乎对财报感到兴奋，股价在盘前交易中大幅上涨，并在开盘时进一步攀升。该股票在前一交易日收于 532 美元以下，迅速飙升至近 593 美元，但很快又回吐了这些涨幅。在某个时刻，股价短暂跌入负值区域，尽管最终以约 0.4% 的涨幅结束了交易。</p>
</div><p>The stock has been on a tear for more than five years, climbing roughly 270% during that time. The second half of 2025 was especially strong, helped by multiple quarters of earnings and revenue beats that continued pushing shares higher. Shares climbed from below $400 in early June to an all-time intraday high above $742 in December.</p>
<div class="lb-trans"><p>该股票在过去五年中表现强劲，涨幅约为 270%。2025 年下半年尤其强劲，多个季度的收益和收入超出预期，持续推动股价上涨。股价从 6 月初的 400 美元以下攀升至 12 月的 742 美元以上的历史最高点。</p>
</div><h3>Dillard's, Inc. (DDS) Price Chart for Tuesday, May, 19, 2026</h3>
<div class="lb-trans"><h3>迪拉德公司（DDS）2026 年 5 月 19 日的价格走势图</h3>
</div><p>Since hitting the peak, momentum has cooled. Shares are down more than 20% over the last three months, with sentiment taking another hit after the company’s fourth-quarter earnings report on Feb. 24. During that quarter, both earnings and revenue declined year over year, while revenue missed Wall Street expectations.</p>
<div class="lb-trans"><p>自达到峰值以来，动能有所减弱。过去三个月，股价下跌超过 20%，在公司于 2 月 24 日发布的第四季度财报后，市场情绪再次受到打击。在该季度，收益和收入同比下降，收入未能达到华尔街的预期。</p>
</div><h2>Wall Street Remains Cautious on the Stock</h2>
<div class="lb-trans"><h2>华尔街对该股票保持谨慎态度</h2>
</div><p>Although Q1 results were solid, analysts remain cautious on the stock. Based on five Wall Street analysts covering the company, Dillard’s currently carries two Sell ratings and three Hold ratings. The average 12-month price target is around $521, slightly below the current stock price of around $527. The lowest target stands at $449, while the highest is $650.</p>
<div class="lb-trans"><p>尽管第一季度的业绩稳健，分析师对该股票仍持谨慎态度。根据五位覆盖该公司的华尔街分析师的意见，迪拉德目前有两项卖出评级和三项持有评级。12 个月的平均目标价约为 521 美元，略低于当前约 527 美元的股价。最低目标为 449 美元，最高为 650 美元。</p>
</div><p>After such a strong run in the stock price, some investors may also be questioning the stock’s valuation. Dillard’s trades at around 12X earnings, which is above the broader retail industry average of roughly 10.8X. It also trades at a premium to traditional department store peers. Macy’s Inc. NYSE: M currently trades at a P/E of roughly 8X, while value-oriented chain Kohl’s Corp. NYSE: KSS trades at just under 5X earnings.</p>
<div class="lb-trans"><p>在股价经历如此强劲的上涨后，一些投资者可能也在质疑该股票的估值。迪拉德的市盈率约为 12 倍，超过了大多数零售行业平均的约 10.8 倍。它的估值也高于传统百货商店的同行。梅西百货（Macy’s Inc.）的市盈率约为 8 倍，而以价值为导向的科尔士（Kohl’s Corp.）的市盈率则略低于 5 倍。</p>
</div><p>However, it’s worth noting that despite generating less revenue than Macy’s and Kohl’s, Dillard’s remains more profitable. The company has a net margin of around 10.1%, far above Macy’s roughly 2.4% and Kohl’s less than 1.8%. Its return on equity of nearly 32% also tops Macy’s roughly 14% and Kohl’s less than 5%.</p>
<div class="lb-trans"><p>然而，值得注意的是，尽管迪拉德的收入低于梅西和科尔士，但其盈利能力更强。公司的净利润率约为 10.1%，远高于梅西的约 2.4% 和科尔士的不到 1.8%。其近 32% 的股本回报率也高于梅西的约 14% 和科尔士的不到 5%。</p>
</div><p>While Dillard’s continues to post strong profitability metrics, investors appear increasingly cautious after the stock’s massive multi-year rally. For now, Wall Street seems to be waiting for stronger underlying growth and a clearer outlook before turning more bullish on the shares.</p>
<div class="lb-trans"><p>尽管迪拉德继续发布强劲的盈利能力指标，但在股票经历了大规模的多年上涨后，投资者似乎变得越来越谨慎。目前，华尔街似乎在等待更强劲的基础增长和更清晰的前景，然后再对该股票持更乐观的态度。</p>
</div><h2>Should You Invest $1,000 in Dillard's Right Now?</h2>
<div class="lb-trans"><h2>你现在应该投资 1000 美元在迪拉德吗？</h2>
</div><p>Before you consider Dillard's, you'll want to hear this.</p>
<div class="lb-trans"><p>在考虑投资迪拉德之前，你需要听听这个。</p>
</div><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dillard's wasn't on the list.</p>
<div class="lb-trans"><p>MarketBeat 每天跟踪华尔街顶级评级和表现最佳的研究分析师及其推荐给客户的股票。MarketBeat 已经识别出五只股票，顶级分析师正在悄悄地向客户推荐在更广泛的市场注意到之前购买……而迪拉德并不在名单上。</p>
</div><p>While Dillard's currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p>
<div class="lb-trans"><p>虽然迪拉德目前在分析师中被评为减持，但顶级分析师认为这五只股票更值得投资。</p>
</div><p>View The Five Stocks Here</p>
<div class="lb-trans"><p>在这里查看这五只股票</p>
</div>

狄乐百货公布了远超预期的盈利——那么为什么股价上涨的势头却消退了呢？