Core Insights - Dillard's, Inc. has launched a new collection called Style by Simkins for Antonio Melani, available both online and in stores nationwide [1][2] - The collection is inspired by the coastal elegance of Beaufort, South Carolina, featuring vibrant colors, graceful silhouettes, and modern geometric patterns [2] - The collection includes Spring/Summer dresses, separates, footwear, swimwear, and coverups in sizes ranging from 0-18 and XS to XL, available for a limited time [2] Company Overview - Antonio Melani is Dillard's largest ladies' apparel brand, established in 2001, initially focusing on footwear before expanding to apparel and handbags [4] - The brand aims to provide a high-end collection that combines sophistication with current styling, catering to the modern woman's career and social needs [5] - Antonio Melani emphasizes luxury fabrications and is available at Dillard's locations and online [5] Designer Profile - Natalie Simkins, the creator of Style by Simkins, is a fashion stylist and content creator known for blending high and low price points to create timeless looks [3] - Simkins focuses on helping individuals build versatile wardrobes that reflect personal style while being budget-conscious [3]

Dillard's Inc. (DDS) stock has been trending up the charts in the past six months, recording growth of 33.6%. This growth comfortably outpaces the broader Retail-Wholesale sector’s return of 26.6% and the Zacks Retail - Regional Department Stores industry‘s growth of 7.1% in the same period. DDS’ shares also surpassed the S&P 500 index’s appreciation of 13.1% in the six-month time frame.DDS’ Strategies Aid the RallyDillard’s is benefiting from its efforts to capture growth opportunities in brick-and-mortar ...

LITTLE ROCK, Ark., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Dillard's, Inc. ("Dillard's") (NYSE:DDS) is pleased to announce Kristin Ellen Hockman for Edgehill, launching on dillards.com at 10.00 a.m. Central today as well as in stores nationwide. Kristin Ellen Hockman, a mother, interior designer and fashion tastemaker, has designed this limited-edition capsule collection for Edgehill, the Company's elevated and exclusive line of children's apparel and accessories. Kristin Ellen Hockman shares, "Working on this c ...

LITTLE ROCK, Ark., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Dillard's, Inc. (DDS: NYSE, "Dillard's") announced today that it will make a significant contribution of more than $250,000 to local Ronald McDonald House Charities (RMHC) Chapters. This donation was made possible through the sale of Dillard's exclusive Southern Living Christmas Cookbook. Dillard's offered a special custom edition of the Southern Living Christmas Cookbook to benefit RMHC Chapters. This exclusive, 240-page hardbound cookbook contains brand ...

LITTLE ROCK, Ark., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Dillard’s, Inc. (DDS: NYSE, “Dillard’s”) announced today that it will make a significant contribution of more than $250,000 to local Ronald McDonald House Charities (RMHC) Chapters. This donation was made possible through the sale of Dillard’s exclusive Southern Living Christmas Cookbook. Dillard’s offered a special custom edition of the Southern Living Christmas Cookbook to benefit RMHC Chapters. This exclusive, 240-page hardbound cookbook contains brand ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, December 24:Puma Biotechnology, Inc. (PBYI) : This biopharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 14% over the last 60 days.Puma Biotechnology's shares gained 10.2% over the last three months compared with the S&P 500’s advanced of 4.4%. The company possesses a Momentum Score of A.Dillard's, Inc. (DDS) : This retail  compa ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, December 24:Puma Biotechnology, Inc. (PBYI) : This biopharmaceutical company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14% over the last 60 days.Puma Biotechnology has a price-to-earnings ratio (P/E) of 5.57 compared with 24.71 for the S&P. The company possesses a Value Scoreof A.Dillard's, Inc. (DDS) : This retail company carries a Zack ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, December 12:ZIM Integrated Shipping Services Ltd. (ZIM) : This container shipping provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.ZIM Integrated Shipping Services has a price-to-earnings ratio (P/E) of 1.22 compared with 9.50 for the industry. The company possesses a Value Scoreof A.NCR Atleos Corporation (N ...

[PART I. FINANCIAL INFORMATION](index=3&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) [Item 1. Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements for Dillard's, Inc. for the period ended November 2, 2024, including Balance Sheets, Statements of Income, Comprehensive Income, Stockholders' Equity, and Cash Flows, with accompanying notes [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets increased to $4.13 billion, driven by higher merchandise inventories and cash, with stockholders' equity rising to $1.96 billion Key Balance Sheet Items (In Thousands) | Account | Nov 2, 2024 | Feb 3, 2024 | Oct 28, 2023 | | :--- | :--- | :--- | :--- | | **Assets** | | | | | Cash and cash equivalents | $980,392 | $808,287 | $842,001 | | Merchandise inventories | $1,682,217 | $1,093,999 | $1,629,245 | | Total current assets | $2,942,301 | $2,208,210 | $2,665,561 | | Total assets | $4,133,062 | $3,448,906 | $3,897,934 | | **Liabilities & Equity** | | | | | Trade accounts payable and accrued expenses | $1,214,982 | $782,545 | $1,181,198 | | Total current liabilities | $1,236,733 | $827,756 | $1,202,159 | | Total stockholders' equity | $1,963,395 | $1,697,068 | $1,813,638 | [Condensed Consolidated Statements of Income](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Income) Q3 net income decreased to $124.6 million ($7.73 per share) due to lower net sales, with nine-month net income also declining to $379.1 million Quarterly Performance Summary (In Thousands, Except Per Share Data) | Metric | Q3 2024 (ended Nov 2) | Q3 2023 (ended Oct 28) | YoY Change | | :--- | :--- | :--- | :--- | | Net Sales | $1,427,009 | $1,476,362 | -3.3% | | Income Before Income Taxes | $162,506 | $199,379 | -18.5% | | Net Income | $124,596 | $155,339 | -19.8% | | Basic and Diluted EPS | $7.73 | $9.49 | -18.5% | Nine-Month Performance Summary (In Thousands, Except Per Share Data) | Metric | Nine Months 2024 (ended Nov 2) | Nine Months 2023 (ended Oct 28) | YoY Change | | :--- | :--- | :--- | :--- | | Net Sales | $4,465,998 | $4,627,687 | -3.5% | | Income Before Income Taxes | $494,427 | $634,085 | -22.0% | | Net Income | $379,117 | $488,345 | -22.4% | | Basic and Diluted EPS | $23.42 | $29.38 | -20.3% | [Condensed Consolidated Statements of Cash Flows](index=10&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Operating cash flow decreased to $349.4 million, while financing cash outflow significantly reduced, leading to an increased cash position of $980.4 million Cash Flow Summary for Nine Months Ended (In Thousands) | Activity | Nov 2, 2024 | Oct 28, 2023 | | :--- | :--- | :--- | | Net cash provided by operating activities | $349,434 | $447,107 | | Net cash (used in) provided by investing activities | ($60,162) | $7,916 | | Net cash used in financing activities | ($117,167) | ($273,353) | | **Increase in cash and cash equivalents** | **$172,105** | **$181,670** | - The decrease in cash from operations was primarily driven by lower net income and a larger increase in merchandise inventories compared to the prior year[30](index=30&type=chunk) - Financing activities included **$105.0 million** in treasury stock purchases and **$12.2 million** in dividend payments for the nine months ended Nov 2, 2024, compared to **$263.2 million** and **$10.1 million**, respectively, in the prior year period[30](index=30&type=chunk) [Notes to Condensed Consolidated Financial Statements](index=11&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Notes detail business segments, share repurchases, credit facilities, and a significant subsequent event: a special dividend of $25.00 per share - The company operates in two reportable segments: retail department stores (retail operations) and a general contracting construction company (construction)[40](index=40&type=chunk) Percentage of Net Sales by Segment and Product Line (Q3 2024) | Category | % of Net Sales | | :--- | :--- | | **Retail Operations Segment** | **95%** | | Cosmetics | 15% | | Ladies' apparel | 21% | | Ladies' accessories and lingerie | 13% | | Juniors' and children's apparel | 9% | | Men's apparel and accessories | 19% | | Shoes | 15% | | Home and furniture | 3% | | **Construction Segment** | **5%** | | **Total** | **100%** | - As of November 2, 2024, the company had **$287.0 million** of authorization remaining under its May 2023 stock repurchase plan[63](index=63&type=chunk) - **Subsequent Event:** On November 21, 2024, the Board of Directors declared a special dividend of **$25.00 per share**, payable on January 6, 2025[69](index=69&type=chunk)[70](index=70&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=22&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses Q3 performance, noting a 4% retail sales decline, focus on gross margin and expense control, and challenges with inventory and a new credit card alliance [Executive Overview](index=22&type=section&id=Executive%20Overview) Q3 saw a 4% retail sales decline, with management focusing on gross margin maintenance and SG&A control, ending with a strong cash position Q3 Key Performance Indicators (vs. Prior Year Q3) | Indicator | Q3 2024 | Q3 2023 | | :--- | :--- | :--- | | Net sales (in millions) | $1,427.0 | $1,476.4 | | Comparable retail stores sales trend | (4)% | (6)% | | Retail gross margin % of retail net sales | 44.5% | 45.3% | | SG&A % of net sales | 29.4% | 28.6% | | Retail store inventory trend | 3% | (1)% | - The company reported net income of **$124.6 million** (**$7.73 per share**) for Q3 2024, compared to **$155.3 million** (**$9.49 per share**) for Q3 2023[75](index=75&type=chunk) [Results of Operations](index=26&type=section&id=Results%20of%20Operations) Q3 net sales decreased by 3.3% to $1.43 billion due to retail segment decline, with gross margin contracting and SG&A expenses increasing as a percentage of sales - In Q3 2024, retail operations sales decreased by approximately **4%**, with the largest declines in juniors' and children's apparel (**-7.8%**) and men's apparel and accessories (**-6.4%**), while cosmetics saw growth (**+1.6%**)[93](index=93&type=chunk) - Gross margin from retail operations decreased to **44.5%** from **45.3%** in the prior-year quarter, primarily due to increased markdowns[109](index=109&type=chunk) - Income from the company's credit card alliances decreased by **$3.5 million** in Q3 year-over-year, primarily due to higher credit losses and lower finance charge income[102](index=102&type=chunk) - SG&A expenses decreased by **$2.9 million** year-over-year in Q3, but increased as a percentage of sales from **28.6%** to **29.4%**[115](index=115&type=chunk) [Financial Condition and Liquidity](index=34&type=section&id=Financial%20Condition%20and%20Liquidity) The company maintains a strong financial position with $980.4 million in cash and significant credit availability, having repurchased $107.0 million in stock and launched a new credit card program - The company entered into a new 10-year agreement with Citibank for its credit card program, launched in August 2024, with management expecting initially lower cash flows compared to the prior Wells Fargo Alliance[128](index=128&type=chunk)[130](index=130&type=chunk)[133](index=133&type=chunk) - Capital expenditures were **$89.1 million** for the first nine months of fiscal 2024, down from **$104.7 million** in the prior year[134](index=134&type=chunk) - During the first nine months of fiscal 2024, the company repurchased **0.3 million shares** for **$107.0 million**[141](index=141&type=chunk) - A special dividend of **$25.00 per share** was declared on November 21, 2024, to be paid in January 2025, funded from cash flows from operations[143](index=143&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=42&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) No material changes have occurred in the company's market risk disclosures since the last Annual Report on Form 10-K - There have been no material changes in the information regarding quantitative and qualitative disclosures about market risk since the last Annual Report on Form 10-K[152](index=152&type=chunk) [Item 4. Controls and Procedures](index=42&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective, with no material changes to internal control over financial reporting during the quarter - The company's management concluded that disclosure controls and procedures were effective as of the end of the fiscal quarter[153](index=153&type=chunk) - No changes in internal control over financial reporting occurred during the quarter that have materially affected, or are reasonably likely to materially affect, the company's internal controls[154](index=154&type=chunk) [PART II. OTHER INFORMATION](index=43&type=section&id=PART%20II.%20OTHER%20INFORMATION) [Item 1. Legal Proceedings](index=43&type=section&id=Item%201.%20Legal%20Proceedings) The company is not party to any legal proceedings expected to have a material adverse effect on its business or financial results - As of December 6, 2024, the company is not party to any legal proceedings expected to have a material adverse effect on its business[157](index=157&type=chunk) [Item 1A. Risk Factors](index=43&type=section&id=Item%201A.%20Risk%20Factors) No material changes have occurred in the company's risk factors since the last Annual Report on Form 10-K - There have been no material changes in risk factors from the company's Annual Report on Form 10-K[158](index=158&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=43&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company repurchased 293,583 shares for $107.0 million under the May 2023 Stock Plan, with $287.0 million remaining authorized Issuer Purchases of Equity Securities (Q3 2024) | Period | Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans | Approx. Dollar Value of Shares that May Yet Be Purchased | | :--- | :--- | :--- | :--- | :--- | | Aug 4 - Aug 31, 2024 | 54,775 | $346.84 | 54,775 | $374,998,500 | | Sep 1 - Oct 5, 2024 | 132,646 | $361.83 | 132,646 | $327,002,805 | | Oct 6 - Nov 2, 2024 | 106,162 | $376.75 | 106,162 | $287,005,827 | | **Total** | **293,583** | **$364.43** | **293,583** | **$287,005,827** | - During the three months ended November 2, 2024, the company repurchased **0.3 million shares** for **$107.0 million**, with **$287.0 million** of authorization remaining under the May 2023 Stock Plan[160](index=160&type=chunk) [Item 6. Exhibits](index=45&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including required certifications from the CEO and Co-Principal Financial Officers and XBRL data files - The report includes required certifications from the Chief Executive Officer and Co-Principal Financial Officers pursuant to Sections 302 and 906 of the Sarbanes-Oxley Act of 2002[164](index=164&type=chunk)

My previous investment thought on Dillard’s (NYSE: DDS ) (published on 27 th Aug) was a hold rating because of the macro headwind that it is facing and that its elevated inventory positionI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ultimately, I aim to identify co ...