Dillard's, Inc. ranks among the nation's largest fashion apparel and home furnishings retailers with annual revenues exceeding $8.2 billion. The Company focuses on delivering maximum value to its shoppers, with fairly priced merchandise complemented by exceptional customer service. Dillard's stores offer a broad selection of merchandise, including products sourced and marketed under Dillard's private-brand names. The Company comprises 333 stores, spanning 29 states, all operating with one name - Dillard's 

http://www.dillards.com

Dillard's, Inc. Reports June Sales Results
Little Rock, Arkansas, July 10, 2008 -- Dillard's, Inc. (DDS: NYSE) ("Dillard's" or the "Company") announced today that sales for the five weeks ended July 5, 2008 were $593,285,000 compared to sales for the five weeks ended July 7, 2007 of $620,721,000. Sales decreased 4% in total stores. Sales in comparable stores decreased 5% for the five-week period.
Sales for the 22 weeks ended July 5, 2008 were $2,773,160,000 compared to sales for the
22 weeks ended July 7, 2007 of $2,911,808,000. Sales decreased 5% in total stores. Sales in comparable stores decreased 6% for the 22-week period.
During the five weeks ended July 5, 2008, sales were above the average company trend in the Central region and slightly below trend in the Eastern region. Sales were below trend in the Western region. During the five weeks ended July 5, 2008, sales of juniors' and children's apparel were significantly below trend.
Dillard's, Inc. is one of the nation's largest fashion apparel and home furnishing retailers.
The Company's stores operate with one name, Dillard's, and span 29 states. Dillard's stores offer a broad selection of merchandise, including products sourced and marketed under Dillard's exclusive brand names.

Dillard's, Inc. Reports May Sales Results
Little Rock, Arkansas, June 5, 2008 -- Dillard's, Inc. (DDS: NYSE) ("Dillard's" or the "Company") announced today that sales for the four weeks ended May 31, 2008 were $499,696,000 compared to sales for the four weeks ended June 2, 2007 of $527,934,000. Sales decreased 5% in total stores. Sales in comparable stores decreased 7% for the four-week period. 
Sales for the 17 weeks ended May 31, 2008 were $2,179,874,000 compared to sales for the 17 weeks ended June 2, 2007 of $2,291,087,000. Sales decreased 5% in total stores. Sales in comparable stores decreased 6% for the 17-week period.
During the four weeks ended May 31, 2008, sales were above the average company trend in the Central region and consistent with trend in the Western region. Sales were below trend in the Eastern region. During the four weeks ended May 31, 2008, sales of cosmetics and shoes were significantly above trend while sales in the home and furniture category were significantly below trend.
Dillard's, Inc. is one of the nation's largest fashion apparel and home furnishing retailers. The Company's stores operate with one name, Dillard's, and span 29 states. Dillard's stores offer a broad selection of merchandise, including products sourced and marketed under Dillard's exclusive brand names. 

Dillard's, Inc. Reports First Quarter Results
May 22, 2008 - Little Rock, Arkansas - Dillard's, Inc. (DDS-NYSE) (the "Company" or "Dillard's") announced operating results for the 13 weeks ended May 3, 2008. This release contains certain forward-looking statements. Please refer to the Company's cautionary statement regarding forward-looking information included below under "Forward-Looking Information".
Net income for the 13 weeks ended May 3, 2008 was $2.7 million ($0.04 per diluted share) compared to net income of $42.9 million ($0.53 per diluted share) for the 13 weeks ended May 5, 2007. Included in net income for the 13 weeks ended May 3, 2008 are asset impairment and store closing charges of $0.9 million ($0.6 million after tax or $0.01 per share). Included in net income for the 13 weeks ended May 5, 2007 is a pretax $4.1 million hurricane recovery gain ($2.6 million after tax or $0.03 per diluted share) and asset impairment and store closings charges of $0.7 million ($0.4 million after tax or $0.01 per share).
Dillard's Chief Executive Officer, William T. Dillard, II, stated, "Our first quarter performance was certainly disappointing. The weak economic conditions, particularly in Florida, made it extremely difficult to achieve profitable sales levels. The detrimental effect on our gross margin performance was dramatic as we worked to control inventory position. We will continue to run our business conservatively to navigate the near-term economic uncertainty." Specifically, Dillard's has announced plans to close under-performing stores, reduce capital expenditures, reduce expenses and continue to change its merchandise mix to strengthen its appeal to aspirational, upscale and contemporary shoppers.
Accordingly, during the quarter, the Company cut advertising, selling, administrative and general expenses ("S G & A") by $17.8 million and announced six more store closures for 2008. Management believes expense saving measures implemented in the first quarter could result in savings of approximately $50 million for the 2008 fiscal year. Dillard's will continue to evaluate its store base for additional closures and will seek additional expense saving measures throughout the year.
Revenues
Net sales for the 13 weeks ended May 3, 2008 were $1.676 billion compared to sales for the 13 weeks ended May 5, 2007 of $1.763 billion. Total net sales declined 5% during the 13-week period. Sales in comparable stores declined 6%.
During the 13 weeks ended May 3, 2008, net sales were slightly above the Company's average performance trend in the Central region, consistent with trend in the Western region and slightly below trend in the Eastern region. Sales of home merchandise and furniture declined more than the average performance trend during the period.
Gross Margin/Cost of Sales
Cost of sales as a percentage of sales increased to 66.7% during the 13 weeks ended May 3, 2008 compared to 63.9% for the 13 weeks ended May 5, 2007 resulting in gross margin decline of 280 basis points of sales. Excluding the hurricane recovery gain of $4.1 million during the first quarter of 2007, the gross margin decline was 260 basis points of sales. The decline was primarily due to the Company's response to weak sales as it worked to control inventory levels with significantly higher markdown activity compared to the prior year first quarter. Inventory in comparable stores declined 3% as of May 3, 2008 compared to May 5, 2007. 
Advertising, Selling, Administrative and General Expenses
S G & A expenses declined $17.8 million during the first quarter as the Company implemented expense saving measures. S G & A expenses were $480.9 million and $498.7 million during the 13 weeks ended May 3, 2008 and May 5, 2007, respectively. Notable savings in payroll, advertising, insurance, supplies and services purchased were partially offset by increases in utilities and pre-opening expenses.
Interest and Debt Expense
Net interest and debt expense increased $1.4 million for the 13 weeks ended May 3, 2008 compared to the 13 weeks ended May 5, 2007 as a result of lower short term investment income. Interest and debt expense was $22.1 million and $20.7 million during the 13 weeks ended May 3, 2008 and May 5, 2007, respectively. As of May 3, 2008, short-term borrowings of $300 million and letters of credit totaling $67.5 million were outstanding under the Company's $1.2 billion revolving credit facility.