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DILLARD'S INC
SECURITY: DDS (Common)  EXCHANGE: NYSE

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 Second Quarter Earnings per Share of $0.32 versus $0.10

Dillard's, Inc. Reports Record First Quarter Net Income and Earnings Per Share
May 13, 2011- Little Rock, Arkansas - Dillard's, Inc. (DDS-NYSE) (the "Company" or "Dillard's") announced operating results for the thirteen weeks ended April 30, 2011. This release contains certain forward-looking statements. Please refer to the Company's cautionary statements regarding forward-looking information included below under "Forward-Looking Information".
Highlights of the thirteen weeks ended April 30, 2011 included:
Record earnings per share of $1.31 for the first quarter compared to $0.68 for the prior year first quarter. Net income was a record $76.7 million for the thirteen weeks ended April 30, 2011 compared to $48.8 million for the thirteen weeks ended May 1, 2010. 
Repurchase of approximately $268.7 million (6.4 million shares) of Class A Common Stock, completing the authorization under both the 2010 and 2011 share repurchase programs. 
A comparable store sales increase of 2%. 
Improved gross margin from retail operations of 130 basis points of sales compared to the prior year first quarter. 
Operating expense savings of $4.3 million (60 basis points of sales).
Dillard's Chief Executive Officer, William T. Dillard, II, stated, "We are extremely pleased to report a strong start to 2011 with record-setting operating results as well as the completion of our 2010 and 2011 share repurchase programs. These results speak for themselves and further affirm the success of our initiatives to create clear distinction at Dillard's and to return value to our shareholders."
Income
Dillard's reported pretax income (income before income taxes and income on and equity in losses of joint ventures) of $115.7 million for the thirteen weeks ended April 30, 2011 compared to $77.1 million for the thirteen weeks ended May 1, 2010.
 

Dillard's, Inc. Reports January Sales Results
Little Rock, Arkansas, February 3, 2011 -- Dillard's, Inc. (DDS: NYSE) ("Dillard's" or the "Company") announced today that merchandise sales ("sales") for the four weeks ended January 29, 2011 were $375,960,000 compared to sales for the four weeks ended January 30, 2010 of $353,854,000. Total sales increased 6%. Sales in comparable stores increased 6% for the four weeks ended January 29, 2011.
Sales for the 13 weeks ended January 29, 2011 were $1,913,959,000 compared to sales for the 13 weeks ended January 30, 2010 of $1,797,707,000. Total sales increased 6%. Sales in comparable stores increased 7% for the13-week period.
Sales for the 52 weeks ended January 29, 2011 were $6,019,658,000 compared to sales for the 52 weeks ended January 30, 2010 of $5,893,110,000. Total sales increased 2%. Sales in comparable stores increased 3% for the 52-week period.
During the four weeks ended January 29, 2011, sales were above the average total Company trend in the Central region, slightly above trend in the Eastern region and significantly below trend in the Western region. Sales in the home and furniture category were significantly above trend during the four-week period ended January 29, 2011. 
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 September Sales Results
Little Rock, Arkansas, October 7, 2010 -- Dillard's, Inc. (DDS: NYSE) ("Dillard's" or the "Company") announced today that merchandise sales ("sales") for the five weeks ended October 2, 2010 were $532,298,000 compared to sales for the five weeks ended October 3, 2009 of $519,262,000.  Total sales increased 3%.  Sales in comparable stores increased 3% for the five weeks ended October 2, 2010.
Sales for the 35 weeks ended October 2, 2010 were $3,749,600,000 compared to sales for the 35 weeks ended October 3, 2009 of $3,733,717,000. Total sales were unchanged on a percentage basis.  Sales in comparable stores increased 1% for the 35-week period.
During the five weeks ended October 2, 2010, sales were slightly above the average total Company trend in the Central region, consistent with trend in the Eastern region and below trend in the Western region. Sales of shoes were significantly above trend during the five-week period while sales in the men's apparel and accessories 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 August Sales Results
Little Rock, Arkansas, September 2, 2010 -- Dillard's, Inc. (DDS: NYSE) ("Dillard's" or the "Company") announced today that merchandise sales ("sales") for the four weeks ended August 28, 2010 were $426,831,000 compared to sales for the four weeks ended August 29, 2009 of $431,089,000. Total sales decreased 1%. Sales in comparable stores were unchanged on a percentage basis for the four weeks ended August 28, 2010.
Sales for the 30 weeks ended August 28, 2010 were $3,217,302,000 compared to sales for the 30 weeks ended August 29, 2009 of $3,214,455,000. Total sales were unchanged on a percentage basis. Sales in comparable stores increased 1% for the 30-week period.
During the four weeks ended August 28, 2010, sales were slightly above the average total Company trend in the Eastern and Central regions and below trend in the Western region. Sales of shoes were significantly above trend during the four-week period 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. 
Contact: Julie J. Bull
Director of Investor Relations
(501) 376-5965 
 

Dillard's, Inc. Reports Second Quarter Results
August 13, 2010 - Little Rock, Arkansas - Dillard's, Inc. (DDS-NYSE) (the "Company" or "Dillard's") announced operating results for the 13 weeks ended July 31, 2010. This release contains certain forward-looking statements. Please refer to the Company's cautionary statements regarding forward-looking information included below under "Forward-Looking Information". 
Highlights of the 13 weeks ended July 31, 2010 included:
Net income of $6.8 million, or $0.10 per share, compared to prior year net loss of $26.7 million, or $0.36 per share. (See further discussion of Net Income below.)
Improved merchandise gross margin performance of 270 basis points of sales compared to the prior year second quarter with a comparable store inventory decline of 6%.
Repurchase of approximately $77.6 million (3.0 million shares) of Class A Common Stock, completing the authorization under the Company's $200 million share repurchase program.
Cash flow from operations of $129 million for the six months ended July 31, 2010 with an ending cash position of $214.7 million and no short term borrowings outstanding under the Company's $1.2 billion revolving credit facility.
Dillard's Chief Executive Officer, William T. Dillard, II, stated, "We are pleased to report continued improved results during the second quarter. We achieved solid improvement in merchandise gross margin as a result of our ongoing focus on better inventory management. Additionally, our strong cash flow enabled us to complete our $200 million share repurchase program and end the quarter in a strong cash position. We are looking forward to the fall season with inventory in good shape and new merchandise arrivals thoughtfully planned."

Dillard's, Inc. Reports May Sales Results
Little Rock, Arkansas, June 3, 2010 -- Dillard's, Inc. (DDS: NYSE) ("Dillard's" or the "Company") announced today that merchandise sales ("sales") for the four weeks ended May 29, 2010 were $426,490,000 compared to sales for the four weeks ended May 30, 2009 of $430,052,000. Total sales decreased 1%. Sales in comparable stores were unchanged on a percentage basis for the four-week period.
Sales for the 17 weeks ended May 29, 2010 were $1,858,872,000 compared to sales for the 17 weeks ended May 30, 2009 of $1,847,115,000. Total sales increased 1%. Sales in comparable stores increased 2% for the 17-week period.
During the four weeks ended May 29, 2010, sales were above the average total Company trend in the Eastern region and consistent with trend in the Central region. Sales were below trend in the Western region. The sales performance in the cosmetics category was 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.

 

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