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 ...

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 ...

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 ...

LITTLE ROCK, Ark., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Dillard's, Inc. (DDS-NYSE) (the "Company" or "Dillard's") announced that the Board of Directors declared a cash dividend of $0.25 per share on the Class A and Class B Common Stock of the Company. The dividend is payable November 4, 2024 to shareholders of record as of September 30, 2024. CONTACT: Julie J. Guymon, C.P.A. 501-376-5965 julie.guymon@dillards.com ...

Core Viewpoint - Dillard's Inc. reported disappointing second-quarter fiscal 2024 results, with both sales and earnings missing expectations and declining year over year due to a challenging consumer environment and increased operating expenses [1][2]. Financial Performance - Earnings per share were $4.59, falling short of the Zacks Consensus Estimate of $5.91, and down 42.5% from $7.98 in the same quarter last year [2]. - Net sales reached $1.490 billion, a decrease of 4.9% from the prior year and below the Zacks Consensus Estimate of $1.528 billion [2]. - Total retail sales, excluding CDI Contractors, dropped 5% year over year to $1.426 billion, with comparable store sales also declining by 5% [4]. Margin and Expenses - The consolidated gross margin contracted by 120 basis points to 37.6%, with retail gross margin at 39.1%, reflecting a decrease of 130 basis points [5]. - Selling, General and Administrative (SG&A) expenses as a percentage of sales increased by 280 basis points to 29.1%, with total SG&A expenses growing 5.1% to $433.6 million, primarily due to higher payroll costs [6]. Cash Flow and Debt - Dillard's ended the quarter with cash and cash equivalents of $946.7 million and long-term debt of $321.5 million, with total shareholders' equity at $1.949 billion [7]. - The company generated $175.9 million in net cash from operating activities as of August 3, 2024 [7]. Capital Expenditure and Store Update - Capital expenditure for fiscal 2024 is expected to be $120 million, down from $133 million in fiscal 2023 [8]. - As of August 3, 2024, Dillard's operated 273 stores, including 28 clearance stores, and recently opened a new store in Sioux Falls, SD [9]. Outlook - For fiscal 2024, Dillard's anticipates depreciation and amortization expenses of $185 million, net interest and debt income expense of $13 million, and rentals of $22 million, consistent with fiscal 2023 [10].

Key Takeaways Dillard's missed second-quarter earnings and revenue estimates as sales slowed and costs rose. The department store chain said the rise in costs was driven by higher payroll expenses. Shares of Dillard's tumbled Thursday following the company's earnings release. Dillard's (DDS) shares sank over 10% Thursday after the department store chain reported second-quarter results that missed analysts' estimates as inflation-weary consumers cut back on discretionary spending and the company's costs rose ...

Exhibit 99.1 Dillard's, Inc. Reports Second Quarter and Year-to-Date Results LITTLE ROCK, Ark. (GLOBE NEWSWIRE) – August 15, 2024 - Dillard's, Inc. (NYSE: DDS) (the "Company" or "Dillard's") announced operating results for the 13 and 26 weeks ended August 3, 2024. This release contains certain forward-looking statements. Please refer to the Company's cautionary statements included below under "Forward-Looking Information." Dillard's Chief Executive Officer William T. Dillard, II stated, "We are disappointed ...

Lee Walters Dillard's, Inc. (NYSE:DDS) reported the company's fiscal Q2 results on the 15th of August before market opening. Comparable store sales came below expectations by a notable margin, understandably sending the stock down -9% to the results. In addition, Dillard's failed to adapt costs well into the market environment, pushing profitability down concerningly. In my previous article on the stock, "Dillard's: Healthy Cash Flows In A Slow Industry," I initiated Dillard's at a Hold rating as the compan ...

Dillard's (DDS) came out with quarterly earnings of $4.59 per share, missing the Zacks Consensus Estimate of $5.91 per share. This compares to earnings of $7.98 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -22.34%. A quarter ago, it was expected that this department store operator would post earnings of $9.25 per share when it actually produced earnings of $11.09, delivering a surprise of 19.89%. Over the last four quarters ...

LITTLE ROCK, Ark., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Dillard's, Inc. (NYSE: DDS) (the "Company" or "Dillard's") announced operating results for the 13 and 26 weeks ended August 3, 2024. This release contains certain forward-looking statements. Please refer to the Company's cautionary statements included below under "Forward-Looking Information." Dillard's Chief Executive Officer William T. Dillard, II stated, "We are disappointed with our weak performance in the second quarter. While the consumer environmen ...