Dillard鈥檚, Inc. Reports Second Quarter and Year-to-Date Results
Dillard's (NYSE:DDS) reported Q2 2025 results with net income of $72.8 million, or $4.66 per share, compared to $74.5 million, or $4.59 per share in Q2 2024. Total retail sales increased 1% to $1.447 billion, with comparable store sales also up 1%. The company's retail gross margin declined to 38.1% from 39.1% year-over-year.
Key performance highlights include stronger sales in juniors' and children's apparel and ladies' accessories, while home and furniture remained weak. Inventory increased 2% year-over-year, an improvement from 6% at Q1 end. During Q2, Dillard's repurchased approximately 24,500 shares for $9.8 million and maintains $165.2 million in remaining authorization under its May 2023 program.
Dillard's (NYSE:DDS) ha comunicato i risultati del Q2 2025 con un utile netto di $72.8 million, ovvero $4.66 per azione, rispetto a $74.5 million, o $4.59 per azione nel Q2 2024. Le vendite retail totali sono aumentate dell'1% a $1.447 billion, con le vendite comparabili dei negozi anch'esse in crescita dell'1%. Il margine lordo retail 猫 sceso al 38.1% dal 39.1% su base annua.
Punti salienti: vendite pi霉 forti nell'abbigliamento junior e per bambini e negli accessori donna, mentre il comparto casa e mobili 猫 rimasto debole. L'inventario 猫 aumentato del 2% su base annua, migliorando rispetto al 6% registrato a fine Q1. Nel Q2 Dillard's ha riacquistato circa 24,500 azioni per $9.8 million e mantiene $165.2 million di autorizzazione residua nell'ambito del programma avviato a maggio 2023.
Dillard's (NYSE:DDS) present贸 los resultados del Q2 2025 con un beneficio neto de $72.8 million, o $4.66 por acci贸n, frente a $74.5 million, o $4.59 por acci贸n en el Q2 2024. Las ventas minoristas totales aumentaron un 1% hasta $1.447 billion, y las ventas comparables en tienda tambi茅n subieron un 1%. El margen bruto retail se redujo al 38.1% desde 39.1% interanual.
Puntos clave: ventas m谩s fuertes en ropa junior y para ni帽os y en accesorios de mujer, mientras que el segmento de hogar y muebles se mantuvo d茅bil. El inventario aument贸 un 2% interanual, mejorando respecto al 6% registrado a finales del Q1. Durante el Q2, Dillard's recompr贸 aproximadamente 24,500 acciones por $9.8 million y mantiene $165.2 million de autorizaci贸n restante dentro de su programa de mayo de 2023.
Dillard's (NYSE:DDS)電� 2025雲� 2攵勱赴 鞁れ爜鞚� 氚滍憸頄堨溂氅� 靾滌澊鞚奠潃 $72.8 million(欤茧嫻 $4.66)鞙茧 2024雲� 2攵勱赴鞚� $74.5 million(欤茧嫻 $4.59)氤措嫟 靻岉彮 臧愳唽頄堨姷雼堧嫟. 齑� 靻岆Г 毵れ稖鞚� 1% 歃濌皜頃� $1.447 billion鞚� 旮半頄堨溂氅�, 霃欖鞝� 毵れ稖 鞐嫓 1% 歃濌皜頄堨姷雼堧嫟. 靻岆Г 齑濎澊鞚惦鞚� 鞝勲厔 霃欔赴 雽�牍� 39.1%鞐愳劀 38.1%搿� 頃橂澖頄堨姷雼堧嫟.
欤检殧 靷暛: 欤茧媹鞏� 氚� 鞎勲彊 鞚橂鞕� 鞐劚 鞎§劯靹滊Μ 毵れ稖鞚� 臧曥劯毳� 氤挫榾鞙茧倶 頇� 氚� 臧�甑� 攵�氍胳潃 鞎届劯毳� 鞙犾頄堨姷雼堧嫟. 鞛碃電� 鞝勲厔 雽�牍� 2% 歃濌皜頃� 1攵勱赴 毵愳潣 6% 歃濌皜鞐愳劀 臧滌劆霅橃棃鞀惦媹雼�. 2攵勱赴 霃欖晥 Dillard's電� 鞎� 24,500欤茧ゼ $9.8 million鞐� 鞛愳偓欤茧 毵れ瀰頄堨溂氅�, 2023雲� 5鞗� 頂勲攴鸽灗鞐� 霐半ジ 雮潃 鞀轨澑 頃滊弰電� $165.2 million鞛呺媹雼�.
Dillard's (NYSE:DDS) a publi茅 ses r茅sultats du T2 2025 avec un r茅sultat net de $72.8 million, soit $4.66 par action, contre $74.5 million, soit $4.59 par action au T2 2024. Les ventes au d茅tail totales ont augment茅 de 1% 脿 $1.447 billion, les ventes comparables en magasin ayant 茅galement progress茅 de 1%. La marge brute retail a diminu茅 脿 38.1% contre 39.1% en glissement annuel.
Points cl茅s : ventes plus solides dans les cat茅gories junior et enfant ainsi que dans les accessoires femme, tandis que le secteur maison et mobilier est rest茅 faible. Les stocks ont augment茅 de 2% en glissement annuel, une am茅lioration par rapport 脿 6% 脿 la fin du T1. Au cours du T2, Dillard's a rachet茅 environ 24,500 actions pour $9.8 million et dispose encore de $165.2 million d'autorisation restante dans le cadre de son programme de mai 2023.
Dillard's (NYSE:DDS) meldete die Ergebnisse f眉r Q2 2025 mit einem Nettogewinn von $72.8 million, bzw. $4.66 je Aktie, gegen眉ber $74.5 million bzw. $4.59 je Aktie im Q2 2024. Die gesamten Einzelhandelsums盲tze stiegen um 1% auf $1.447 billion, wobei die vergleichbaren Filialums盲tze ebenfalls um 1% zunahmen. Die Bruttomarge im Einzelhandel sank im Jahresvergleich auf 38.1% von 39.1%.
Zu den wichtigsten Punkten: st盲rkere Verk盲ufe bei Junior- und Kinderbekleidung sowie Damenaccessoires, w盲hrend der Bereich Wohnen und M枚bel schwach blieb. Der Lagerbestand stieg im Jahresvergleich um 2%, eine Verbesserung gegen眉ber 6% Ende Q1. Im Q2 hat Dillard's etwa 24,500 Aktien f眉r $9.8 million zur眉ckgekauft und verf眉gt 眉ber noch $165.2 million an verbleibender Autorisierung aus dem Programm vom Mai 2023.
- Total retail sales increased 1% with comparable store sales also up 1%
- Operating expenses improved to 28.7% of sales from 29.1% year-over-year
- Achieved $4.8 million pretax gain from sale of three properties
- Strong cash position with $1.012 billion in cash and cash equivalents
- Share repurchase program continues with $165.2 million remaining authorization
- Net income declined to $72.8 million from $74.5 million year-over-year
- Retail gross margin decreased to 38.1% from 39.1% year-over-year
- Home and furniture category reported as weakest performing segment
- Significant decline in gross margin for ladies' apparel category
- Inventory levels increased 2% compared to previous year
Insights
Dillard's delivered modest Q2 sales growth amid margin pressure, with inventory management improving while profits slightly declined year-over-year.
Dillard's second quarter results show modest improvements in sales with a
However, profitability faced pressure as retail gross margins contracted to
Net income decreased slightly to
Notably, inventory management has improved, with inventory up just
Looking at the broader first half results, Dillard's overall performance shows some signs of pressure with flat total retail sales and comparable store sales, while net income declined by
The company's ongoing share repurchase program continues to create shareholder value, with approximately 300,000 shares repurchased during the first half of 2025 at an average price of
LITTLE ROCK, Ark., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Dillard鈥檚, Inc. (NYSE: DDS) (the 鈥淐ompany鈥� or 鈥淒illard鈥檚鈥�) announced operating results for the 13 and 26 weeks ended August 2, 2025. This release contains certain forward-looking statements. Please refer to the Company鈥檚 cautionary statements included below under 鈥淔orward-Looking Information.鈥�
Dillard鈥檚 Chief Executive Officer William T. Dillard, II commented on the quarter, 鈥淲e were happy to achieve a sales increase for the first time in a while and encouraged by strengthening sales trends in July. In an operating environment that changes daily, we focused on controlling inventory, ending up
Highlights of the Second Quarter (compared to the prior year second quarter):
- Total retail sales increased
1% - Comparable store sales increased
1% - Net income of
$72.8 million compared to$74.5 million - Earnings per share of
$4.66 compared to$4.59 - Retail gross margin of
38.1% of sales compared to39.1% of sales - Operating expenses were
$434.2 million (28.7% of sales) compared to$433.6 million (29.1% of sales) - Ending inventory increased
2%
Second Quarter Results
Dillard鈥檚 reported net income for the 13 weeks ended August 2, 2025 of
Sales 鈥� Second Quarter
Net sales for the 13 weeks ended August 2, 2025 and August 3, 2024 were
Total retail sales (which excludes CDI) for the 13 weeks ended August 2, 2025 and August 3, 2024 were
Gross Margin 鈥� Second Quarter
Consolidated gross margin for the 13 weeks ended August 2, 2025 was
Retail gross margin for the 13 weeks ended August 2, 2025 was
Inventory increased
Selling, General & Administrative Expenses 鈥� Second Quarter
Consolidated selling, general and administrative expenses (鈥渙perating expenses鈥�) for the 13 weeks ended August 2, 2025 were
Highlights of the 26 Weeks (compared to the prior year 26 weeks):
- Total retail sales were unchanged (flat) as a percentage
- Comparable store sales were flat
- Net income of
$236.7 million compared to$254.5 million - Earnings per share of
$15.08 compared to$15.68 - Retail gross margin of
41.8% of sales compared to42.7% of sales - Operating expenses were
$855.9 million (28.1% of sales) compared to$860.3 million (28.3% of sales)
26-Week Results
Dillard鈥檚 reported net income for the 26 weeks ended August 2, 2025 of
Sales 鈥� 26 Weeks
Net sales for the 26 weeks ended August 2, 2025 and August 3, 2024 were
Total retail sales for the 26 weeks ended August 2, 2025 and August 3, 2024 were
Gross Margin 鈥� 26 Weeks
Consolidated gross margin for the 26 weeks ended August 2, 2025 was
Retail gross margin (which excludes CDI) for the 26 weeks ended August 2, 2025 was
Selling, General & Administrative Expenses 鈥� 26 Weeks
Operating expenses for the 26 weeks ended August 2, 2025 were
Share Repurchase
During the 13 weeks ended August 2, 2025, the Company purchased
During the 26 weeks ended August 2, 2025, the Company purchased
As of August 2, 2025, authorization of
Total shares outstanding (Class A and Class B Common Stock) at August 2, 2025 and August 3, 2024 were 15.6 million and 16.2 million, respectively.
Other Information
The Company operates 272 Dillard鈥檚 stores, including 28 clearance centers, spanning 30 states (totaling 46.2 million square feet) and an Internet store at .
| Dillard鈥檚, Inc. and Subsidiaries Condensed Consolidated Statements of Income (Unaudited) (In Millions, Except Per Share Data) | ||||||||||||||||||||||||||||
| 听 | 听 | 13 Weeks Ended | 听 | 13 Weeks Ended | 听 | 26 Weeks Ended | 听 | 26 Weeks Ended | ||||||||||||||||||||
| 听 | 听 | August 2, 2025 | 听 | August 3, 2024 | 听 | August 2, 2025 | 听 | August 3, 2024 | ||||||||||||||||||||
| 听 | 听 | 听 | 听 | 听 | % of | 听 | 听 | 听 | 听 | % of | 听 | 听 | 听 | 听 | % of | 听 | 听 | 听 | 听 | % of | ||||||||
| 听 | 听 | 听 | 听 | 听 | Net | 听 | 听 | 听 | 听 | Net | 听 | 听 | 听 | 听 | Net | 听 | 听 | 听 | 听 | Net | ||||||||
| 听 | 听 | Amount | 听 | Sales | 听 | Amount | 听 | Sales | 听 | Amount | 听 | Sales | 听 | Amount | 听 | Sales | ||||||||||||
| Net sales | 听 | $ | 1,513.8 | 听 | 听 | 100.0 | % | 听 | $ | 1,489.9 | 听 | 听 | 100.0 | % | 听 | $ | 3,042.7 | 听 | 听 | 100.0 | % | 听 | $ | 3,039.0 | 听 | 听 | 100.0 | % |
| Service charges and other income | 听 | 听 | 22.2 | 听 | 听 | 1.5 | 听 | 听 | 听 | 24.7 | 听 | 听 | 1.7 | 听 | 听 | 听 | 40.3 | 听 | 听 | 1.3 | 听 | 听 | 听 | 48.5 | 听 | 听 | 1.6 | 听 |
| 听 | 听 | 听 | 1,536.0 | 听 | 听 | 101.5 | 听 | 听 | 听 | 1,514.6 | 听 | 听 | 101.7 | 听 | 听 | 听 | 3,083.0 | 听 | 听 | 101.3 | 听 | 听 | 听 | 3,087.5 | 听 | 听 | 101.6 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||||||
| Cost of sales | 听 | 听 | 959.3 | 听 | 听 | 63.4 | 听 | 听 | 听 | 930.3 | 听 | 听 | 62.4 | 听 | 听 | 听 | 1,817.0 | 听 | 听 | 59.7 | 听 | 听 | 听 | 1,788.2 | 听 | 听 | 58.8 | 听 |
| Selling, general and administrative expenses | 听 | 听 | 434.2 | 听 | 听 | 28.7 | 听 | 听 | 听 | 433.6 | 听 | 听 | 29.1 | 听 | 听 | 听 | 855.9 | 听 | 听 | 28.1 | 听 | 听 | 听 | 860.3 | 听 | 听 | 28.3 | 听 |
| Depreciation and amortization | 听 | 听 | 44.7 | 听 | 听 | 3.0 | 听 | 听 | 听 | 46.4 | 听 | 听 | 3.1 | 听 | 听 | 听 | 89.1 | 听 | 听 | 2.9 | 听 | 听 | 听 | 92.5 | 听 | 听 | 3.0 | 听 |
| Rentals | 听 | 听 | 4.5 | 听 | 听 | 0.3 | 听 | 听 | 听 | 4.9 | 听 | 听 | 0.3 | 听 | 听 | 听 | 9.2 | 听 | 听 | 0.3 | 听 | 听 | 听 | 10.0 | 听 | 听 | 0.3 | 听 |
| Interest and debt (income) expense, net | 听 | 听 | (1.5 | ) | 听 | (0.1 | ) | 听 | 听 | (3.9 | ) | 听 | (0.3 | ) | 听 | 听 | (2.3 | ) | 听 | (0.1 | ) | 听 | 听 | (7.4 | ) | 听 | (0.2 | ) |
| Other expense | 听 | 听 | 5.0 | 听 | 听 | 0.3 | 听 | 听 | 听 | 6.2 | 听 | 听 | 0.4 | 听 | 听 | 听 | 10.7 | 听 | 听 | 0.4 | 听 | 听 | 听 | 12.3 | 听 | 听 | 0.4 | 听 |
| Gain on disposal of assets | 听 | 听 | 4.8 | 听 | 听 | 0.3 | 听 | 听 | 听 | 鈥� | 听 | 听 | 0.0 | 听 | 听 | 听 | 4.9 | 听 | 听 | 0.2 | 听 | 听 | 听 | 0.3 | 听 | 听 | 鈥� | 听 |
| Income before income taxes | 听 | 听 | 94.6 | 听 | 听 | 6.2 | 听 | 听 | 听 | 97.1 | 听 | 听 | 6.5 | 听 | 听 | 听 | 308.3 | 听 | 听 | 10.1 | 听 | 听 | 听 | 331.9 | 听 | 听 | 10.9 | 听 |
| Income taxes | 听 | 听 | 21.8 | 听 | 听 | 听 | 听 | 听 | 22.6 | 听 | 听 | 听 | 听 | 听 | 71.6 | 听 | 听 | 听 | 听 | 听 | 77.4 | 听 | 听 | 听 | ||||
| Net income | 听 | $ | 72.8 | 听 | 听 | 4.8 | % | 听 | $ | 74.5 | 听 | 听 | 5.0 | % | 听 | $ | 236.7 | 听 | 听 | 7.8 | % | 听 | $ | 254.5 | 听 | 听 | 8.4 | % |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||||||
| Basic and diluted earnings per share | 听 | $ | 4.66 | 听 | 听 | 听 | 听 | $ | 4.59 | 听 | 听 | 听 | 听 | $ | 15.08 | 听 | 听 | 听 | 听 | $ | 15.68 | 听 | 听 | 听 | ||||
| Basic and diluted weighted average shares outstanding | 听 | 听 | 15.6 | 听 | 听 | 听 | 听 | 听 | 16.2 | 听 | 听 | 听 | 听 | 听 | 15.7 | 听 | 听 | 听 | 听 | 听 | 16.2 | 听 | 听 | 听 | ||||
| Dillard鈥檚, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (Unaudited) (In Millions) | ||||||||
| 听 | 听 | August 2, | 听 | August 3, | ||||
| 听 | 听 | 2025 | 听 | 2024 | ||||
| Assets | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Current assets: | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Cash and cash equivalents | 听 | $ | 1,012.0 | 听 | 听 | $ | 946.7 | 听 |
| Accounts receivable | 听 | 听 | 52.2 | 听 | 听 | 听 | 64.5 | 听 |
| Short-term investments | 听 | 听 | 199.8 | 听 | 听 | 听 | 123.7 | 听 |
| Merchandise inventories | 听 | 听 | 1,219.8 | 听 | 听 | 听 | 1,191.4 | 听 |
| Federal and state income taxes | 听 | 听 | 鈥� | 听 | 听 | 听 | 35.5 | 听 |
| Other current assets | 听 | 听 | 88.3 | 听 | 听 | 听 | 91.7 | 听 |
| Total current assets | 听 | 听 | 2,572.1 | 听 | 听 | 听 | 2,453.5 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Property and equipment, net | 听 | 听 | 955.1 | 听 | 听 | 听 | 1,044.9 | 听 |
| Operating lease assets | 听 | 听 | 29.5 | 听 | 听 | 听 | 39.0 | 听 |
| Deferred income taxes | 听 | 听 | 67.7 | 听 | 听 | 听 | 63.9 | 听 |
| Other assets | 听 | 听 | 60.1 | 听 | 听 | 听 | 60.6 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Total assets | 听 | $ | 3,684.5 | 听 | 听 | $ | 3,661.9 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Liabilities and stockholders鈥� equity | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Current liabilities: | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Trade accounts payable and accrued expenses | 听 | $ | 761.2 | 听 | 听 | $ | 768.8 | 听 |
| Current portion of long-term debt | 听 | 听 | 96.0 | 听 | 听 | 听 | 鈥� | 听 |
| Current portion of operating lease liabilities | 听 | 听 | 10.5 | 听 | 听 | 听 | 11.5 | 听 |
| Federal and state income taxes | 听 | 听 | 91.0 | 听 | 听 | 听 | 鈥� | 听 |
| Total current liabilities | 听 | 听 | 958.7 | 听 | 听 | 听 | 780.3 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Long-term debt | 听 | 听 | 225.6 | 听 | 听 | 听 | 321.5 | 听 |
| Operating lease liabilities | 听 | 听 | 19.1 | 听 | 听 | 听 | 27.5 | 听 |
| Other liabilities | 听 | 听 | 362.0 | 听 | 听 | 听 | 383.7 | 听 |
| Subordinated debentures | 听 | 听 | 200.0 | 听 | 听 | 听 | 200.0 | 听 |
| Stockholders鈥� equity | 听 | 听 | 1,919.1 | 听 | 听 | 听 | 1,948.9 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Total liabilities and stockholders鈥� equity | 听 | $ | 3,684.5 | 听 | 听 | $ | 3,661.9 | 听 |
| Dillard鈥檚, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (Unaudited) (In Millions) | ||||||||
| 听 | 听 | 26 Weeks Ended | 听 | 26 Weeks Ended | ||||
| 听 | 听 | August 2, | 听 | August 3, | ||||
| 听 | 听 | 2025 | 听 | 2024 | ||||
| Operating activities: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Net income | 听 | $ | 236.7 | 听 | 听 | $ | 254.5 | 听 |
| Adjustments to reconcile net income to net cash provided by operating activities: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Depreciation and amortization of property and other deferred costs | 听 | 听 | 89.9 | 听 | 听 | 听 | 93.4 | 听 |
| Gain on disposal of assets | 听 | 听 | (4.9 | ) | 听 | 听 | (0.3 | ) |
| Accrued interest on short-term investments | 听 | 听 | (5.6 | ) | 听 | 听 | (7.1 | ) |
| Changes in operating assets and liabilities: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Decrease (increase) in accounts receivable | 听 | 听 | 3.5 | 听 | 听 | 听 | (3.9 | ) |
| Increase in merchandise inventories | 听 | 听 | (47.7 | ) | 听 | 听 | (97.4 | ) |
| Decrease in other current assets | 听 | 听 | 7.3 | 听 | 听 | 听 | 3.8 | 听 |
| Decrease (increase) in other assets | 听 | 听 | 1.1 | 听 | 听 | 听 | (1.5 | ) |
| Decrease in trade accounts payable and accrued expenses and other liabilities | 听 | 听 | (24.5 | ) | 听 | 听 | (3.2 | ) |
| Increase (decrease) in income taxes | 听 | 听 | 63.6 | 听 | 听 | 听 | (62.4 | ) |
| Net cash provided by operating activities | 听 | 听 | 319.4 | 听 | 听 | 听 | 175.9 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Investing activities: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Purchase of property and equipment and capitalized software | 听 | 听 | (43.5 | ) | 听 | 听 | (61.1 | ) |
| Proceeds from disposal of assets | 听 | 听 | 6.0 | 听 | 听 | 听 | 0.3 | 听 |
| Proceeds from insurance | 听 | 听 | 1.5 | 听 | 听 | 听 | 鈥� | 听 |
| Investment in joint venture | 听 | 听 | (1.8 | ) | 听 | 听 | 鈥� | 听 |
| Purchase of short-term investments | 听 | 听 | (273.5 | ) | 听 | 听 | (319.5 | ) |
| Proceeds from maturities of short-term investments | 听 | 听 | 405.0 | 听 | 听 | 听 | 350.9 | 听 |
| Net cash provided by (used in) investing activities | 听 | 听 | 93.7 | 听 | 听 | 听 | (29.4 | ) |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Financing activities: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Cash dividends paid | 听 | 听 | (7.9 | ) | 听 | 听 | (8.1 | ) |
| Purchase of treasury stock | 听 | 听 | (107.8 | ) | 听 | 听 | 鈥� | 听 |
| Issuance cost of line of credit | 听 | 听 | (3.3 | ) | 听 | 听 | 鈥� | 听 |
| Net cash used in financing activities | 听 | 听 | (119.0 | ) | 听 | 听 | (8.1 | ) |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Increase in cash and cash equivalents | 听 | 听 | 294.1 | 听 | 听 | 听 | 138.4 | 听 |
| Cash and cash equivalents, beginning of period | 听 | 听 | 717.9 | 听 | 听 | 听 | 808.3 | 听 |
| Cash and cash equivalents, end of period | 听 | $ | 1,012.0 | 听 | 听 | $ | 946.7 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Non-cash transactions: | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Accrued capital expenditures | 听 | $ | 5.1 | 听 | 听 | $ | 8.4 | 听 |
| Accrued purchase of treasury stock and excise taxes | 听 | 听 | 1.1 | 听 | 听 | 听 | 鈥� | 听 |
| Stock awards | 听 | 听 | 1.3 | 听 | 听 | 听 | 1.6 | 听 |
| Lease assets obtained in exchange for new operating lease liabilities | 听 | 听 | 1.8 | 听 | 听 | 听 | 2.2 | 听 |
Estimates for 2025
The Company is providing the following estimates for certain financial statement items for the 52-week period ending January 31, 2026 based upon current conditions. Actual results may differ significantly from these estimates as conditions and factors change 鈥� See 鈥淔orward-Looking Information.鈥�
| 听 | 听 | In Millions | ||||||
| 听 | 听 | 2025 | 听 | 2024 | ||||
| 听 | 听 | Estimated | 听 | Actual | ||||
| Depreciation and amortization | 听 | $ | 180 | 听 | 听 | $ | 178 | 听 |
| Rentals | 听 | 听 | 20 | 听 | 听 | 听 | 21 | 听 |
| Interest and debt (income) expense, net | 听 | 听 | (7 | ) | 听 | 听 | (14 | ) |
| Capital expenditures | 听 | 听 | 120 | 听 | 听 | 听 | 105 | 听 |
Forward-Looking Information
This report contains certain forward-looking statements. The following are or may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995: (a) statements including words such as 鈥渕ay,鈥� 鈥渨ill,鈥� 鈥渃ould,鈥� 鈥渟hould,鈥� 鈥渂elieve,鈥� 鈥渆xpect,鈥� 鈥渇uture,鈥� 鈥減otential,鈥� 鈥渁nticipate,鈥� 鈥渋ntend,鈥� 鈥減lan,鈥� 鈥渆stimate,鈥� 鈥渃ontinue,鈥� or the negative or other variations thereof; (b) statements regarding matters that are not historical facts; and (c) statements about the Company鈥檚 future occurrences, plans and objectives, including those statements under the heading 鈥淓stimates for 2025鈥� regarding certain financial statement items for the 52-week period ended January 31, 2026 . The Company cautions that forward-looking statements contained in this report are based on estimates, projections, beliefs and assumptions of management and information available to management at the time of such statements and are not guarantees of future performance. The Company disclaims any obligation to update or revise any forward-looking statements based on the occurrence of future events, the receipt of new information or otherwise. Forward-looking statements of the Company involve risks and uncertainties and are subject to change based on various important factors. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements made by the Company and its management as a result of a number of risks, uncertainties and assumptions. Representative examples of those factors include (without limitation) general retail industry conditions and macro-economic conditions including inflation, economic recession and changes in traffic at malls and shopping centers; economic and weather conditions for regions in which the Company鈥檚 stores are located and the effect of these factors on the buying patterns of the Company鈥檚 customers, including the effect of changes in prices and availability of oil and natural gas; the availability of and interest rates on consumer credit; the impact of competitive pressures in the department store industry and other retail channels including specialty, off-price, discount and Internet retailers; changes in the Company鈥檚 ability to meet labor needs amid nationwide labor shortages and an intense competition for talent; changes in consumer spending patterns, debt levels and their ability to meet credit obligations; high levels of unemployment; changes in tax legislation; trade disputes and changes in trade policies including the imposition (or threat) of new or increased duties, taxes, tariffs and other charges impacting our products or supply chain; changes in legislation and governmental regulations; adequate and stable availability and pricing of materials, production facilities and labor from which the Company sources its merchandise; changes in operating expenses, including employee wages, commission structures and related benefits; system failures or data security breaches; possible future acquisitions of store properties from other department store operators; the continued availability of financing in amounts and at the terms necessary to support the Company鈥檚 future business; fluctuations in SOFR and other base borrowing rates; potential disruption from terrorist activity and the effect on ongoing consumer confidence; epidemic, pandemic or public health issues and their effects on public health, our supply chain, the health and well-being of our employees and customers and the retail industry in general; potential disruption of international trade and supply chain efficiencies; global conflicts (including the ongoing conflicts in the Middle East and Ukraine) and the possible impact on consumer spending patterns and other economic and demographic changes of similar or dissimilar nature, and other risks and uncertainties, including those detailed from time to time in our periodic reports filed with the Securities and Exchange Commission, particularly those set forth under the caption 鈥淚tem 1A, Risk Factors鈥� in the Company鈥檚 Annual Report on Form 10-K for the fiscal year ended February 1, 2025.
CONTACT:
Dillard鈥檚, Inc.
Julie J. Guymon
501-376-5965
FAQ
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