Dillard's announced that its February 2011 same-store sales fell 1%. Net sales for the period also declined 1%. Analysts were expecting an increase of 2.5%.
Dillard's announced that its Q4 2010 earnings were $109.6 million, or $1.75 per share, an increase of 40% compared to $79.5 million or $1.08 per share a year earlier. Net sales increased 5.4% to $1.98 billion. Same-store sales increased 7%.
Dilldard's announced that its Janurary 2011 same-store sales increased by 6%. Analysts were expecting an increase of 2%. During the period, net sales increased 6.2% to $376 million.
Dillard's announced that intends to set up a real estate investment trust (REIT), which analysts estimate would allow the company to borrow around $1.7 billion. They estimate that the company's real estate holdings are worth $2.8 billion and Dillard's owns 87% of its stores. The REIT would allow Dillard's to increase its liquidity.
Dillard's announced that its December 2010 same-store sales increased 7%, beating the 3% that analysts had expected. Total revenue increased 6% to $1.07 billion.
Dillard's announced that its November 2010 same-store sales increased by 8%, beating analyst estimates of 3%. Total sales increased 7%.
Dillard's announced that its Q3 2010 earnings were 14.4 million, or 22 cents per share, an increase of 80% from $8 million, or 11 cents per share, a year ago. The company attributed the gain to improved margins, reduced expenses, and lower inventory. Net revenue during the period fell 1%.
Dillard's announced that its October 2010 comparable store sales fell by 1%, matching what analysts were expecting. The fall comes after an 8% decine in the previous year's quarter. Shares jumped on the day due to positive sales results from other retailers like Nordstrom, an indication of a strengthening economy.
DDS announced that its September 2010 same-store sales increased by 3% due to strong shoe sales. Analysts were expecting flat growht. Total sales for the period increased 3% to $532 million.
Dillard's announced that its August 2010 same-store sales remained flat, which was better than the 0.5% decline analysts were expecting. Shoes were strong sellers while home and furniture was weaker.
DDS announced that the company will repurchase up to $250 million of its Class A common stock. The company also issued a cash dividend of 4 cents per share for Class A and B common stock.
Dillard's announced that its July 2010 same-store sales fell 3%. Analysts were expecting an increase of 1.5%. Total sales for the month also fell 3%.
Dillard's announced that its Q2 2010 earnings were $6.8 million, or 10 cents per share, an improvement over the net loss of $26.7 or 36 cents per share in the previous year. The company benefited $2.6 million from the sale of a store and $2 from taxes. Net sales for the period fell 2.7%.
Dillard's announced that its June 2010 same-store sales increased by 2%, compared to the decrease of 1% that analysts had expected. The company reported above-average sales in the Eastern region, below-trend revenues from the Western and Central regions.
Dillard's reported that its May 2010 comparable store sales were flat. Analysts were expecting a 2% decline. Total net sales for the month fell 1% to $426.5 million.
Dillard's reported that its Q1 2010 earnings rose to $48.8 million, or 68 cents per share compared with $7.7 million, or 10 cents per share, it earned a year earlier. The company attributes the gain to a cost cutting measuers and better inventory management. Merchandise sales rose 1% and comparable store sales grew by 2%.
Dillard's announced that its April same-store sales decreased by 5%. The company claims it was hurt by the shift of Easter into March. Analysts were expecting only a 1% drop in the metric. Total sales for the period also fell 5% to $406 million.
Dillard's announced that its March 2010 same store sales increased 9% from the previous year and beat analysts estimates of 5%. Total sales for the period grew 8% to $526.9 million. The increase in sales was lead by the juniors' and children's clothing, and shoes segments.
Moody's Investors Service, a credit rating agency, upgraded Dillard's default probability rating to "stable" from "negative". Moody's change comes from Dillard's improvement in operating performance and credit profile.
Dillard's announced that its Q4 2009 earnings were $79.5 million, or $1.08 per share, compared with a loss of $149.3 million, or $2.03 per share, a year ago. The company attributes the gain to lower costs and leaner inventory. However, net sales dropped 10 percent for the period to $1.83 billion from $2.04 billion.
Dillard's same store sales for the month of February increased 2%. Analysts were expecting a decrease of 0.5%. Total sales rose 0.3 percent to $499.2 million.
Dillard's announced that total sales in Janurary 2010 fell 6% from $377 million in 2009 to $354 million. Comparable store sales fell 5% for the month.
DDS reported that its December 2009 same-store sales fell 7%, but analysts had expected a fall of 7.5%. Total sales for the month fell 8%.
DDS reporeted that its Q3 2009 earnings were 8 million or 11 cents/share, compared to a net loss of $56 million or 76 cents/share a year ago. Even though net sales were down 10% and comparable store sales were down 9%, the company was still able to generate a profit by smart inventory management and cost cutting measures. The company sold 22% of its inventory and cut SG&A expenses by 290 bps.
Nordstorm announced that its November comp fell 11%. Analysts were expecting an 8% drop. In addition, the company's merchandise sales for the month fell from $505.8 million in 2008 to $437.9 million in 2009.
Dillard's announced that its October revenue fell 11 percent to $361.7 million from $406.1 million in the same month last year. Comparable store sales also fell 8%.
DDS announced that it's Q2 2009 net loss was $26.7 million, which was lower than its $38.3 quarterly loss a year ago. Some highlights included an increase in gross margin, decrease in operating expenses, and inventory reduction.
Dillard's posted a first quarter profit of $7.6 million, which is 185% greater than last year's first quarter profit of just $2.7 million. Increase in profit was attributed to inventory management, expense reduction and cash conservation.
DDS declared a cash dividend of $0.04 per share on Class A and B common stock for shareholders on record as of March 31, 2009. The dividend will be paid out on May 4, 2009. This is in-line with dividends from previous quarters during this fiscal year as well as that of the previous-year quarter.
For the four-week period of October 2008, DDS reported that sales had fallen 9% to $406 million when compared to the same four-week period last year. Sames-store sales fell 8% during the same period.
Dillard's director annouced a 200 million share buy back.
Dillard’s Inc. reported a net loss of $25.2 million in Q2 as compared to a net income of $15.7 million in the same period last year, and a revenue decline of 2.6%. This was due to a decline in sales, a same store sales decline of 3%, and price markdowns to sustain adequate inventory levels.