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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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