Dillard's(DDS)

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Dillard's, Inc. Announces Special Dividend of $25.00 Per Share and Quarterly Cash Dividend of $0.25 Per Share
GlobeNewswire News Room· 2024-11-21 21:15
LITTLE ROCK, Ark., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Dillard's, Inc. (NYSE: DDS) (the "Company" or "Dillard's") announced that the Board of Directors declared a special dividend of $25.00 per share on the Class A and Class B Common Stock of the Company. The special dividend is payable January 6, 2025 to shareholders of record as of December 13, 2024. In a joint statement, Dillard's Chief Executive Officer, William Dillard, II and President Alex Dillard shared, "We are pleased to announce a $25.00 special di ...
Dillard's Not On My Shopping List This Holiday Season, But Remains Investment-Grade
Seeking Alpha· 2024-11-18 21:15
This is the official page of Croatian-American media personality Albert Anthony. Since 2023 he has been a media contributor to global financial media portal Seeking Alpha, reaching +1MM investors worldwide & his content often averaging +25,000 views monthly. As an independent contributor, his content on the Seeking Alpha portal provides curated analysis of stocks trading on major US exchanges, and building a diversified dividend income portfolio, but also a forward- looking view of where he thinks a stock w ...
Dillard's Q3 Earnings Beat on Expense Control, Stock Jumps 11%
ZACKS· 2024-11-15 17:50
Dillard's Inc. (DDS) posted third-quarter fiscal 2024 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Meanwhile, the company’s sales and earnings declined year over year. A tough consumer landscape adversely impacted sales and comparable store sales (comps). However, DDS maintained a strong gross margin rate and delivered lower operating expenses, driven by stringent expense-control initiatives.Earnings per share of $7.73 surpassed the Zacks Consensus Estimate of $6.47. How ...
Dillard's(DDS) - 2025 Q3 - Quarterly Results
2024-11-14 21:22
Exhibit 99.1 Dillard's, Inc. Reports Third Quarter and Year-to-Date Results LITTLE ROCK, Ark. (GLOBE NEWSWIRE) –November 14, 2024 - Dillard's, Inc. (NYSE: DDS) (the "Company" or "Dillard's") announced operating results for the 13 and 39 weeks ended November 2, 2024. This release contains certain forward-looking statements. Please refer to the Company's cautionary statements included below under "ForwardLooking Information." Dillard's Chief Executive Officer William T. Dillard, II stated, "While retail sales ...
Dillard's (DDS) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-11-14 14:05
Dillard's (DDS) came out with quarterly earnings of $7.73 per share, beating the Zacks Consensus Estimate of $6.47 per share. This compares to earnings of $9.30 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 19.47%. A quarter ago, it was expected that this department store operator would post earnings of $5.91 per share when it actually produced earnings of $4.59, delivering a surprise of -22.34%. Over the last four quarters, ...
Dillard's, Inc. Reports Third Quarter and Year-to-Date Results
GlobeNewswire News Room· 2024-11-14 11:50
Core Insights - Dillard's reported a decline in retail sales and net income for the third quarter, with total retail sales decreasing by 4% compared to the previous year [1][4][9] - The company maintained a strong gross margin of 44.5% despite the sales decline, focusing on expense control and cash management [1][6][8] - Dillard's has significant cash reserves, reporting over $1.1 billion in cash and short-term investments after a stock repurchase program [1][13] Sales Performance - Total net sales for the third quarter were $1.427 billion, down from $1.476 billion in the same period last year [3][10] - Comparable store sales also decreased by 4%, with the strongest performance in cosmetics and the weakest in juniors' and children's apparel [4][6] Financial Results - Net income for the third quarter was $124.6 million, a decrease from $155.3 million in the prior year, resulting in earnings per share of $7.73 compared to $9.49 [2][9] - For the 39 weeks ended November 2, 2024, net income was $379.1 million, down from $488.3 million, with earnings per share of $23.42 compared to $29.38 [9][10] Gross Margin Analysis - Retail gross margin for the third quarter was 44.5%, slightly down from 45.3% in the previous year, with variations across merchandise categories [6][11] - Consolidated gross margin for the 39 weeks was 41.6%, compared to 42.0% in the prior year [11] Operating Expenses - Operating expenses for the third quarter were $418.9 million, slightly lower than $421.8 million in the previous year, representing 29.4% of sales [8][12] - For the 39 weeks, operating expenses increased to $1,279.2 million, or 28.6% of sales, compared to 26.8% in the prior year [12] Inventory Management - Ending inventory increased by 3% compared to the previous year, with the company noting a shorter selling period between Thanksgiving and Christmas [7][10] Share Repurchase Activity - During the third quarter, Dillard's repurchased $107 million worth of stock, reducing total shares outstanding to 15.9 million [1][13]
Dillard's Q3 Earnings Coming Up: Here's What You Should Know
ZACKS· 2024-11-08 18:35
Dillard's, Inc. (DDS) is expected to register year-over-year top and bottom-line declines when it reports thirdquarter fiscal 2024 numbers. The Zacks Consensus Estimate for fiscal third-quarter revenues of $1.4 billion indicates a 3.8% decline from the year-ago figure. The consensus estimate for fiscal third-quarter earnings is pegged at $6.47 per share, implying a 30.4% decrease from the year-ago quarter's figure. The consensus estimate has remained unchanged in the past 30 days. Stay up-to-date with all q ...
Dillard's Introduces Darby Fallon Clark for Edgehill
GlobeNewswire News Room· 2024-11-08 13:00
LITTLE ROCK, Ark., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Dillard’s, Inc. (“Dillard’s”) (NYSE: DDS) is pleased to present Darby Fallon Clark for Edgehill, a limited-edition capsule collection for children now available exclusively at Dillard’s. Atlanta-based tastemaker Darby Fallon Clark has inspired this coordinating collection of children’s apparel, accessories and footwear in partnership with Dillard’s - just in time for the holidays. Darby Fallon Clark created each piece of her Edgehill collection with the ...
Dillard's(DDS) - 2025 Q2 - Quarterly Report
2024-09-06 20:20
Table of Contents Class A Common Stock DDS New York Stock Exchange Non-accelerated filer ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 3, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 1-6140 DILLARD'S, INC. (Exact name of ...
Dillard's: Negative Outlook On Topline, Margins
Seeking Alpha· 2024-08-27 16:31
JHVEPhoto Investment summary My recommendation for Dillard's (NYSE:DDS) is a hold rating. I have a negative outlook for the business over the near term, as the macro backdrop remains unfavorable and has already shown its impact on SSSG. The growing inventory on DDS balance sheet is also worrisome, which I see as a downside risk for 2H24 gross margin performance. The stock's valuation is also not trading at a cheap level, which justifies me taking the risk. Business overview DDS is a retailer that sells cosm ...