Despite a tough sales climate, department store stocks have ...

Despite a tough sales climate, department store stocks have remained resilient, with shares rising 25.6% on average since the last earnings. Dillard's surpassed operating profit and EPS forecasts despite missing revenue. Macy's had an outstanding quarter, exceeding both earnings and revenue predictions. Nordstrom underperformed against analyst estimates, while Kohl's had a mixed quarter, missing same-store and net sales, but improved gross margin and expense control resulted in an EPS beat.