EX-99.1 2 dds-20250515xex99d1.htm EX-99.1 Exhibit 99.1 Dillard’s, Inc. Reports First Quarter Results LITTLE ROCK, Ark. (GLOBE NEWSWIRE) - May 15, 2025 - Dillard’s, Inc. (NYSE: DDS) (the “Company” or “Dillard’s”) announced operating results for the 13 weeks ended May 3, 2025. 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 turned in a relatively good first quarter in light of the prevailing economic uncertainty. We kept expenses under control and reported a healthy gross margin. After repurchasing $98 million in stock, we had $1.2 billion in cash and short-term investments remaining.” Highlights of the First Quarter (compared to the prior year first quarter): • Total retail sales decreased 2% Comparable store sales decreased 1% ─────────────────────────────────────── Net income of $163.8 million compared to $180.0 million Earnings per share of $10.39 compared to $11.09 Retail gross margin of 45.5% of sales compared to 46.2% of sales Operating expenses were $421.7 million (27.6% …
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Dillard's, Inc.
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition . On May 15, 2025, the registrant issued a press release announcing results for the 13 weeks ended May 3, 2025. A copy of the press release is furnished as Exhibit 99.1 to this current report and is incorporated herein by reference.
Company context
Dillard's was founded by William T. Dillard in 1938 in Nashville, Arkansas with an $8,000 investment in a hometown department store. Today, Dillard's, Inc. ranks among the nation's largest fashion retailers - operating 272 Dillard's stores, including 28 clearance centers, spanning 30 states and an Internet store at dillards.com. The Company focuses on delivering style, quality and value to its customers by offering premium fashion apparel, beauty and home collections from both national and exclusive brand sources. Dillard's complements this curated merchandise assortment with exceptional, client-focused customer care.