FINWIRES · TerminalLIVE
FINWIRES

Research Alert: Dillard's Q1 Fy 26 Beats Estimates With Strong Comparable Store Sales Growth

By

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

DDS posted normalized Q1 FY 26 (Jan.) EPS of $10.95 vs. $10.36 in the prior year, $1.09 above consensus estimates, on total retail sales of $1.518B, advancing 3% on both a total and comparable store basis. Retail gross margin expanded 30 bps to 45.8%, supported by strength across multiple merchandise categories, particularly home and furniture, ladies' accessories and lingerie, and shoes. The company continues to operate efficiently and commands a much higher multiple than peers, with shares trading at 17x consensus FY 27 EPS estimates. The retailer opened a new 160,000 square foot store in Ohio, bringing its total footprint to 272 locations across 30 states. Operating expenses increased to 28.3% of sales vs. 27.6% in the prior year, primarily due to elevated payroll costs, though the company maintained a strong cash position of $1.158B, up 28.5% Y/Y. We are impressed with the strong comparable store sales growth and believe store count growth represents the next leg of growth for the company.

Related Articles

Research

AutoCanada Target Raised To C$22 From $20, Keeps Neutral Rating at CIBC Which Says "Recovery Still In Early Innings While Macro Risks Build"

Price: $20.15, Change: $-0.78, Percent Change: -3.73%

$ACQ.TO
Research

Research Alert: CFRA Maintains Buy Rating On Shares Of Barrick Mining Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We keep our 12-month target price at $56, on an EV/EBITDA of 5.3x applied to our 2027 EBITDA estimate, vs. Barrick's three-year avg. fwd EV/EBITDA of 5.2x and peers' avg. of 5.7x. We raise our 2026 EPS estimate by $0.24 to $4.04 and 2027 by $0.38 to $4.63. Production guidance is maintained at 2.90-3.25M gold ounces and 190-220k tonnes of copper, with sequential increases through the year. A strong fundamental position is underpinned by robust FCF generation, with Q1 FCF surging 195% Y/Y to $1.21B, reflecting significant operating leverage to higher gold prices. The balance sheet remains strong with $2.4B in net cash. Key growth catalysts include the Lumwana expansion (on track for Q1 2028 first production), advancing Fourmile project (potential Tier-One asset), and the planned year-end North American IPO, which should unlock value. With improving operational consistency, a de-risked portfolio focus, and strong leverage to gold prices, we believe Barrick is well-positioned to deliver sustainable value creation.

$B
Research

Research Alert: CFRA Maintains Buy Rating On Shares Of Barrick Mining Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our 12-month target by CAD1 to CAD77, on an EV/EBITDA of 5.3x applied to our 2027 EBITDA estimate, vs. Barrick's three-year avg. fwd EV/EBITDA of 5.2x and peers' avg. of 5.7x. We raise our 2026 EPS estimate by USD0.24 to $4.04 and 2027 by USD0.38 to USD4.63. Production guidance is maintained at 2.90-3.25M gold ounces and 190-220k tonnes of copper, with sequential increases through the year. A strong fundamental position is underpinned by robust FCF generation, with Q1 FCF surging 195% Y/Y to $1.2B, reflecting significant operating leverage to higher gold prices. The balance sheet remains strong with $2.4B in net cash. Key growth catalysts include the Lumwana expansion (Q1 2028 first production), advancing Fourmile project (potential Tier-One asset), and the planned year-end North American IPO, which should unlock value. With improving operational consistency, a de-risked portfolio focus, and strong leverage to gold prices, we believe Barrick is well-positioned to deliver sustainable value creation.

$ABX