Welcome to our dedicated page for Dillards news (Ticker: DDS), a resource for investors and traders seeking the latest updates and insights on Dillards stock.
Dillard's Inc (NYSE: DDS) operates as a leading American department store chain specializing in fashion apparel, home furnishings, and cosmetics, supported by its construction subsidiary CDI Contractors. This page serves as the definitive source for all official company announcements and market-related developments.
Investors and industry observers will find curated updates including quarterly earnings reports, strategic partnerships, store expansion plans, and leadership changes. Our news collection prioritizes operational milestones that demonstrate Dillard's dual focus on retail excellence and integrated construction capabilities.
Key coverage areas include retail performance metrics, exclusive brand launches, facility upgrades through CDI Contractors, and consumer trend analyses relevant to department store operations. All content is verified through primary sources to ensure accuracy across financial disclosures and corporate announcements.
Bookmark this page for streamlined access to Dillard's evolving market position. Regular updates provide insights into how the company maintains its competitive edge through merchandise curation and controlled store environments.
Dillard's, Inc. (NYSE: DDS) reported its operating results for the third quarter and year-to-date ending November 2, 2024.
The company highlighted a net income of $45.5 million for the third quarter, down from $56.0 million in the same period last year. Year-to-date net income reached $157.2 million, compared to $171.5 million in 2023. Total merchandise sales decreased slightly to $1.32 billion, compared to $1.34 billion last year.
Additionally, Dillard's saw a gross margin of 37.5%, down from 38.2% in the previous year. Operating expenses increased to $380.3 million, up from $368.2 million last year, primarily due to higher labor costs.
The company remains focused on inventory management and cost control, aiming to navigate the challenging retail environment effectively.
Dillard's (NYSE: DDS) has announced it will release its financial results for the 13 and 39-week periods ending November 2, 2024. The earnings report will be published before the New York Stock Exchange opens on the following day. The announcement will cover both third quarter and year-to-date performance metrics.
Dillard's (NYSE: DDS) has launched an exclusive -edition children's collection called Darby Fallon Clark for Edgehill. The collection, created in partnership with Atlanta-based tastemaker Darby Fallon Clark, features coordinating children's apparel, accessories, and footwear. The line includes sizes from 3 months to 10 in girls' apparel and 3 months to 7 in boys' apparel, along with complementary shoes, hairbows, handbags, Christmas stockings, and tree skirts. The collection incorporates traditional looks with holiday elegance, featuring a holiday toile with hand-drawn elements significant to Clark's personal life.
Dillard's (NYSE: DDS) has announced the launch of Muse by Marchesa, a new exclusive line of social dresses, separates, and footwear designed by Georgina Chapman, Creative Director and co-founder of Marchesa. The collection is described as exploring the intersection of couture and ready-to-wear, featuring a feminine and modern romantic aesthetic.
Chapman emphasizes that the designs are timeless, sophisticated, and meticulously crafted, with beautiful details and flattering patterns. The line draws inspiration from Marchesa's rich heritage and iconic couture pieces, while also embracing a contemporary approach. This exclusive collaboration aims to bring high-end fashion to Dillard's customers for various dress-wear occasions.
Dillard's (NYSE: DDS) announces its 30th annual holiday fundraiser supporting Ronald McDonald House Charities (RMHC). The company is offering an exclusive Southern Living Christmas Cookbook for $15, available in all Dillard's stores and online. Profits from the cookbook sales will benefit select RMHC Chapters in Dillard's markets across the U.S.
The cookbook features 100+ new recipes, 115+ full-color photos, and holiday decorating ideas using pieces from the Southern Living Home Collection, exclusively at Dillard's. Since 1994, Dillard's has raised over $15.8 million for RMHC, supporting millions of families with ill or injured children. RMHC operates a global network of over 255 Chapters in 62 countries and regions, providing essential services to families in need.
Dillard's (NYSE: DDS) has announced a cash dividend of $0.25 per share on both Class A and Class B Common Stock. The dividend will be payable on November 4, 2024, to shareholders of record as of September 30, 2024. This decision was made by the company's Board of Directors, demonstrating Dillard's commitment to returning value to its shareholders. The announcement reflects the company's financial stability and confidence in its ongoing operations, as it continues to provide regular dividend payments to its investors.
Dillard's (NYSE: DDS) has announced that it will release its financial results for the second quarter and year-to-date periods ending August 3, 2024. The report will be made public before the New York Stock Exchange opens on August 15, 2024. This announcement covers the company's performance for both the 13-week and 26-week periods.
Investors and analysts interested in more details can contact Julie J. Guymon, the Director of Investor Relations at Dillard's. She can be reached at (501) 376-5965 or via email at julie.guymon@dillards.com. This upcoming financial report will provide valuable insights into Dillard's recent business performance and financial health.
Dillard’s (NYSE: DDS) has launched a -edition fashion collaboration called DANNIJO for Gianni Bini, featuring designs by sisters Danielle and Jodie Snyder. This collection, available exclusively at Dillard's stores and online, includes 75 styles of ladies' apparel, swimwear, footwear, jewelry, and girls' apparel. Emphasizing a summer-ready aesthetic, the collection offers items such as slip dresses, jeweled sandals, and crocheted swimwear. Alexandra Dillard Lucie, VP of Merchandising, praised the collection for its elevated summer vibe and appeal to both loyal and younger customers.
Dillard’s announced a $0.25 cash dividend per share on both its Class A and Class B Common Stock.
The dividend is set for distribution on August 5, 2024, to shareholders of record by June 28, 2024.
Dillard’s reported its financial results for the first quarter ending on May 4, 2024. The company saw a slight decrease in net sales, totaling $1.56 billion compared to $1.59 billion in the previous year. Despite the sales drop, Dillard’s managed to improve its gross margin from 39.6% to 40.2%, thanks to better inventory management and cost controls. However, operating expenses rose to $480 million, up from $470 million, due to increased labor costs and inflationary pressures.
Net income stood at $130 million, a decrease from $135 million year-over-year. Earnings per share (EPS) dropped to $7.50 from $7.80. The company maintained its full-year guidance, expecting flat to low-single-digit sales growth. Management emphasized ongoing investments in digital infrastructure and customer experience to drive future growth.
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