Dillard’s posts $570M profit on flat annual sales

Dillard’s, Inc. reported steady but slightly lower results for the 52 weeks ended January 31, 2026.

Accepted by SEC EDGAR 02/24/2026 - 04:24 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Dillard’s, Inc. reported steady but slightly lower results for the 52 weeks ended January 31, 2026. Net income was $570.2 million, or $36.42 per share, compared with $593.5 million, or $36.82 per share, a year earlier. Net sales were essentially flat at $6.474 billion versus $6.483 billion, while total retail sales inched up to $6.232 billion and comparable store sales were unchanged.

Retail gross margin remained strong at 40.8% of sales versus 41.0%, and operating cash flow was robust at $717.0 million. Fourth quarter net income was $203.7 million, or $13.05 per share, down modestly from $214.4 million, or $13.48 per share, on a 1% decline in total retail sales and comparable sales, which the company links partly to a January winter storm. Dillard’s highlighted paying the largest dividend in its history, repurchasing $107.8 million of stock (about 300,000 shares), and ending the year with roughly $1.1 billion in cash and short-term investments.

Insights

Equity analyst – department store retail

Results show resilient profitability, strong cash generation and disciplined capital returns despite slightly lower earnings.

Dillard’s delivered largely flat annual sales with modest earnings compression. Net income slipped to $570.2M on net sales of $6.474B, while retail gross margin stayed high at 40.8%, suggesting the company maintained pricing and inventory discipline in a choppy demand environment.

Fourth quarter trends were softer, with total retail and comparable sales down 1% and EPS dipping to $13.05, partly affected by a winter storm that disrupted over a third of stores. Operating expenses rose as a percent of sales, reflecting higher payroll and related costs, which bears watching if sales remain flat.

Cash generation was a clear strength: operating cash flow reached $717.0M, helping fund record dividends and $107.8M of share repurchases at an average price of $359.16. Year-end cash and short-term investments of about $1.1B and modest net debt provide financial flexibility heading into the 52-week period ending January 30, 2027, where the company estimates similar levels of depreciation, rentals and interest income.

8-K Event Classification

2 items: 2.02, 9.01

2 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How did Dillard’s (DDS) perform for the fiscal year ended January 31, 2026?

Dillard’s reported solid full-year profitability, with net income of $570.2 million, or $36.42 per share. Net sales were essentially flat at $6.474 billion, and retail gross margin remained strong at 40.8%, indicating disciplined inventory and pricing management despite a challenging retail environment.

What were Dillard’s (DDS) fourth quarter 2025 results?

For the 13 weeks ended January 31, 2026, Dillard’s earned $203.7 million, or $13.05 per share. Net sales were $1.962 billion, with total retail sales down 1% and comparable store sales also down 1%, partly affected by a winter storm disrupting sales in over a third of stores.

How did Dillard’s (DDS) sales and margins trend year over year?

Annual net sales were nearly unchanged at $6.474 billion versus $6.483 billion, while total retail sales edged up to $6.232 billion. Consolidated gross margin held at 39.5% of sales, and retail gross margin eased slightly from 41.0% to a still-elevated 40.8%, reflecting stable merchandise profitability.

What capital returns did Dillard’s (DDS) provide to shareholders in this period?

Dillard’s emphasized shareholder returns, paying the largest dividend in its history and repurchasing $107.8 million of Class A stock, about 300,000 shares. The average repurchase price was $359.16 per share, and the company ended the year with authorization of $165.2 million still available.

What is Dillard’s (DDS) cash and balance sheet position at year-end 2025?

At January 31, 2026, Dillard’s held $861.5 million in cash and cash equivalents and $211.5 million in short-term investments, totaling around $1.1 billion. Total assets were $3.505 billion, with stockholders’ equity of $1.779 billion and long-term debt of $225.7 million plus $96.0 million current portion.

How strong was Dillard’s (DDS) cash flow for the latest fiscal year?

Dillard’s generated robust operating cash flow of $717.0 million for the 52 weeks ended January 31, 2026. This cash supported capital expenditures of $93.4 million, significant dividends, and $107.8 million of share repurchases, while still allowing the company to increase its cash balance versus the prior year.

What guidance did Dillard’s (DDS) provide for 2026 expense items?

For the 52 weeks ending January 30, 2027, Dillard’s estimates depreciation and amortization of $175 million, rentals of $18 million, and net interest and debt income of $(5) million. It also projects capital expenditures of about $130 million, up from $93 million in the latest fiscal year.

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0000028917false00000289172026-02-242026-02-24

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 24, 2026

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Dillard’s, Inc.

(Exact name of registrant as specified in its charter)

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Texas

(State or other jurisdiction of incorporation)

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​	​	​
1-6140	​ ​ ​	71-0388071
(Commission File Number)	​	(IRS Employer Identification No.)
​	​	​
1600 Cantrell Road Little Rock, Arkansas	​	72201
(Address of principal executive offices)	​	(Zip Code)

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(501) 376-5200

(Registrant’s telephone number, including area code)

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Not Applicable

(Former name or former address, if changed since last report.)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

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☐	​ ​	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
​	​	​
☐	​	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐	​	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐	​	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Securities registered pursuant to Section 12(b) of the Act:

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Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Class A Common Stock	DDS	New York Stock Exchange

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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Emerging growth company   ☐

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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 2.02Results of Operations and Financial Condition.

On February 24, 2026, the registrant issued a press release announcing results for the 13 and 52 weeks ended January 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this current report and is incorporated herein by reference.

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Item 9.01Financial Statements and Exhibits.

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Exhibit No.	​ ​ ​	Description
​	​	​
99.1	​	Press Release dated February 24, 2026, announcing results for the 13 and 52 weeks ended January 31, 2026.
​	​	​
104	​	Cover Page Interactive Data File (embedded within the Inline XBRL Document)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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​	​	​	​	​
​	​	​ ​ ​	​	DILLARD’S, INC.
​	​	​	​	​
Date:	February 24, 2026	​	By:	/s/ Phillip R. Watts
​	​	​	Name:	Phillip R. Watts
​	​	​	Title:	Senior Vice President, Co-Principal Financial Officer and Principal Accounting Officer
​	​	​	​	​
​	​	​	By:	/s/ Chris B. Johnson
​	​	​	Name:	Chris B. Johnson
​	​	​	Title:	Senior Vice President and Co-Principal Financial Officer

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Exhibit 99.1

Dillard’s, Inc. Reports Fourth Quarter and Fiscal Year Results

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LITTLE ROCK, Ark. (GLOBE NEWSWIRE) – February 24, 2026 - Dillard’s, Inc. (NYSE: DDS) (the “Company” or “Dillard’s”) announced operating results for the 13 and 52 weeks ended January 31, 2026. This release contains certain forward-looking statements. Please refer to the Company’s cautionary statements included below under “Forward-Looking Information.”

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Dillard’s Chief Executive Officer William T. Dillard, II commented, “We reported a respectable year. We achieved retail gross margin of 40.8% in a rapidly changing merchandising environment with unpredictable costs. We rewarded our shareholders with the largest dividend in our history and still held around $1.1 billion in cash and short-term investments at year-end.”

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Highlights of the Fiscal Year (compared to the prior fiscal year):

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• Total retail sales were unchanged as a percentage

• Comparable store sales were unchanged as a percentage

• Net income of $570.2 million compared to $593.5 million

• Earnings per share of $36.42 compared to $36.82

• Retail gross margin of 40.8% of sales compared to 41.0% of sales

• Operating expenses were $1.759 billion (27.2% of sales) compared to $1.731 billion (26.7% of sales)

• Ending inventory increased 2%

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Fiscal Year Results

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Dillard’s reported net income for the 52 weeks ended January 31, 2026 of $570.2 million, or $36.42 per share, compared to $593.5 million, or $36.82 per share, for the 52 weeks ended February 1, 2025.

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Included in net income for the 52 weeks ended January 31, 2026 are the following items:

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● a pretax gain of $20.4 million ($15.7 million after tax or $1.00 per share) primarily related to the sale of five properties

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● federal and state income tax benefits of $35.0 million ($2.24 per share) due to a deduction related to that portion of the special dividend of $30.00 per share that was paid to the Dillard's, Inc. Investment and Employee Stock Ownership Plan during the year

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Included in net income for the 52 weeks ended February 1, 2025 are federal and state income tax benefits of $30.8 million ($1.91 per share) due to a deduction related to that portion of the special dividend of $25.00 per share that was paid to the Dillard's, Inc. Investment and Employee Stock Ownership Plan during the quarter.

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Sales – Fiscal Year

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Net sales for the 52 weeks ended January 31, 2026 and February 1, 2025 were $6.474 billion and $6.483 billion, respectively. Net sales includes the operations of the Company’s construction business, CDI Contractors, LLC (“CDI”).

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Total retail sales (which excludes CDI) for the 52 weeks ended January 31, 2026 and February 1, 2025 were $6.232 billion and $6.219 billion, respectively. Total retail sales were unchanged as a percentage for the 52-week period ended January 31, 2026 compared to the 52-week period ended February 1, 2025. Sales in comparable stores for the same period were unchanged as a percentage.

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Gross Margin – Fiscal Year

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Consolidated gross margin for the 52 weeks ended January 31, 2026 was 39.5% of sales compared to 39.5% of sales for the 52 weeks ended February 1, 2025.

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Retail gross margin (which excludes CDI) for the 52 weeks ended January 31, 2026 was 40.8% of sales compared to 41.0% of sales for the 52 weeks ended February 1, 2025.

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Inventory increased 2% at January 31, 2026 compared to February 1, 2025.

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Selling, General & Administrative Expenses – Fiscal Year

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Consolidated selling, general and administrative expenses (“operating expenses”) for the 52 weeks ended January 31, 2026 were $1.759 billion (27.2% of sales) compared to $1.731 billion (26.7% of sales) for the 52 weeks ended February 1, 2025.

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Highlights of the Fourth Quarter (compared to the prior year fourth quarter):

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•Total retail sales decreased 1%

• Comparable store sales decreased 1%

• Net income of $203.7 million compared to $214.4 million

• Earnings per share of $13.05 compared to $13.48

• Retail gross margin of 36.1% of sales compared to 36.1% of sales

• Operating expenses were $463.0 million (23.6% of sales) compared to $452.0 million (22.4% of sales)

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Fourth Quarter Results

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Dillard’s reported net income for the 13 weeks ended January 31, 2026 of $203.7 million, or $13.05 per share, compared to $214.4 million, or $13.48 per share, for the 13 weeks ended February 1, 2025. Included in net income for the 13 weeks ended January 31, 2026 are the following items:

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● a pretax gain of $14.9 million ($11.5 million after tax or $0.73 per share) primarily related to the sale of a store property

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● federal and state income tax benefits of $35.0 million ($2.24 per share) due to a deduction related to that portion of the special dividend of $30.00 per share that was paid to the Dillard's, Inc. Investment and Employee Stock Ownership Plan during the quarter

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Included in net income for the 13 weeks ended February 1, 2025 are federal and state income tax benefits of $30.8 million ($1.94 per share) due to a deduction related to that portion of the special dividend of $25.00 per share that was paid to the Dillard's, Inc. Investment and Employee Stock Ownership Plan during the quarter.

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Sales – Fourth Quarter

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Net sales for the 13 weeks ended January 31, 2026 and February 1, 2025 were $1.962 billion and $2.017 billion, respectively.

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Total retail sales for the 13 weeks ended January 31, 2026 and February 1, 2025 were $1.916 billion and $1.943 billion, respectively. Total retail sales decreased 1% for the 13-week period ended January 31, 2026 compared to the 13-week period ended February 1, 2025. Sales in comparable stores for the same period decreased 1%. The Company notes that sales in over a third of its stores were disrupted by a winter storm event in the third weekend of January 2026.

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Compared to the prior year fourth quarter, sales increased moderately in ladies’ accessories and lingerie. Sales were unchanged as a percentage in shoes with moderate declines noted in ladies’ apparel, cosmetics, men’s apparel and accessories, juniors’ and children’s apparel and home and furniture.

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Gross Margin – Fourth Quarter

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Consolidated gross margin for the 13 weeks ended January 31, 2026 was 35.4% of sales compared to 34.9% of sales for the 13 weeks ended February 1, 2025.

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Retail gross margin for the 13 weeks ended January 31, 2026 was 36.1% of sales compared to 36.1% of sales for the 13 weeks ended February 1, 2025. Compared to the prior year fourth quarter, retail gross margin increased moderately in ladies’ apparel and juniors’ and children’s apparel. Retail gross margin was unchanged in ladies’ accessories and lingerie, shoes, cosmetics and home and furniture. Retail gross margin declined moderately in men’s apparel and accessories.

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Selling, General & Administrative Expenses – Fourth Quarter

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Operating expenses for the 13 weeks ended January 31, 2026 were $463.0 million (23.6% of sales) and $452.0 million (22.4% of sales) for the 13 weeks ended February 1, 2025. The increase is notably due to payroll and payroll-related expenses.

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Share Repurchase

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During the 52 weeks ended January 31, 2026, the Company purchased $107.8 million (approximately 300,000 shares) of Class A Common Stock at an average price of $359.16 per share.

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As of January 31, 2026, authorization of $165.2 million remained under the May 2023 program.

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Total shares outstanding (Class A and Class B Common Stock) at January 31, 2026 and February 1, 2025 were 15.6 million and 15.9 million, respectively.

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Store Information

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The Company plans to open a 160,000 square foot location at The Mall at Fairfield Commons in Beavercreek, Ohio in March of this year.

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The Company operates 271 Dillard’s stores, including 28 clearance centers, spanning 30 states (totaling 46.0 million square feet) and an Internet store at dillards.com.

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Dillard’s, Inc. and Subsidiaries

Condensed Consolidated Statements of Income (Unaudited)

(In Millions, Except Per Share Data)

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13 Weeks Ended

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13 Weeks Ended

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52 Weeks Ended

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52 Weeks Ended

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January 31, 2026

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February 1, 2025

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January 31, 2026

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February 1, 2025

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% of

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% of

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% of

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% of

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Net

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Net

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Net

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Net

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​

Amount

​

Sales

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Amount

​

Sales

​

Amount

​

Sales

​

Amount

​

Sales

Net sales

​

$

1,962.2

100.0

%

$

2,016.6

100.0

%

$

6,473.6

100.0

%

$

6,482.6

100.0

%

Service charges and other income

​

27.2

1.4

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35.0

1.7

​

89.7

1.4

​

107.6

1.7

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​

​

1,989.4

101.4

​

2,051.6

101.7

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6,563.3

101.4

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6,590.2

101.7

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Cost of sales

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1,268.2

64.6

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1,312.1

65.1

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3,916.9

60.5

​

3,919.5

60.5

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Selling, general and administrative expenses

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463.0

23.6

​

452.0

22.4

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1,759.2

27.2

​

1,731.2

26.7

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Depreciation and amortization

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45.8

2.3

​

41.3

2.0

​

179.3

2.8

​

177.9

2.7

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Rentals

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5.7

0.3

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6.5

0.3

​

19.2

0.3

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21.4

0.3

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Interest and debt (income) expense, net

​

(0.9)

(0.0)

​

(1.8)

(0.1)

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(6.2)

(0.1)

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(13.7)

(0.2)

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Other expense

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5.1

0.3

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6.2

0.3

​

20.8

0.3

​

24.7

0.4

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Gain on disposal of assets

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14.9

0.8

​

—

—

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20.4

0.3

​

0.5

0.0

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Income before income taxes and equity in earnings of joint ventures

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217.4

11.1

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235.3

11.7

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694.5

10.7

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729.7

11.3

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Income taxes

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14.1

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20.9

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124.7

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136.2

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Equity in earnings of joint ventures

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0.4

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—

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0.4

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—

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Net income

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$

203.7

10.4

%

$

214.4

10.6

%

$

570.2

8.8

%

$

593.5

9.2

%

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Basic and diluted earnings per share

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$

13.05

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$

13.48

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$

36.42

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$

36.82

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Basic and diluted weighted average shares outstanding

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15.6

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15.9

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15.7

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16.1

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Dillard’s, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets (Unaudited)

(In Millions)

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​	​	​	​	​	​	​
​	​ ​ ​	January 31,		​ ​ ​	February 1,
​	​	2026		​	2025
Assets		​	​		​	​
Current assets:		​	​		​	​
Cash and cash equivalents	​	$	861.5	​	$	717.9
Accounts receivable	​		39.7	​		55.7
Short-term investments	​	​	211.5	​	​	325.7
Merchandise inventories	​		1,201.1	​		1,172.0
Other current assets	​		72.8	​		96.8
Total current assets	​		2,386.6	​		2,368.1
​	​	​	​	​	​	​
Property and equipment, net	​		911.8	​		1,002.2
Operating lease assets	​		36.2	​		33.6
Deferred income taxes	​		77.4	​		69.1
Other assets	​		93.0	​		58.1
​	​	​	​	​	​	​
Total assets	​	$	3,505.0	​	$	3,531.1
​	​	​	​	​	​	​
Liabilities and stockholders’ equity	​		​	​		​
Current liabilities:	​		​	​		​
Trade accounts payable and accrued expenses	​	$	772.4	​	$	795.0
Current portion of long-term debt	​		96.0	​		—
Current portion of operating lease liabilities	​		9.6	​		11.4
Federal and state income taxes	​		24.1	​		28.5
Total current liabilities	​		902.1	​		834.9
​	​	​	​	​	​	​
Long-term debt	​		225.7	​		321.6
Operating lease liabilities	​		26.3	​		22.3
Other liabilities	​		371.9	​		356.1
Subordinated debentures	​		200.0	​		200.0
Stockholders’ equity	​		1,779.0	​		1,796.2
​	​	​	​	​	​	​
Total liabilities and stockholders’ equity	​	$	3,505.0	​	$	3,531.1

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Dillard’s, Inc. and Subsidiaries

Condensed Consolidated Statements of Cash Flows (Unaudited)

(In Millions)

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​	​	​	​	​	​	​
​	​	52 Weeks Ended		​	52 Weeks Ended
​	​ ​ ​	January 31,		​ ​ ​	February 1,
​	​	2026		​	2025
Operating activities:		​	​		​	​
Net income	​	$	570.2	​	$	593.5
Adjustments to reconcile net income to net cash provided by operating activities:	​		​	​		​
Depreciation and amortization of property and other deferred costs	​		180.9	​		179.5
Deferred income taxes	​		(7.3)	​		(9.0)
Gain on disposal of assets	​		(20.4)	​		(0.5)
Accrued interest on short-term investments	​	​	(8.8)	​	​	(11.8)
Changes in operating assets and liabilities:	​		​	​		​
Decrease in accounts receivable	​		16.0	​		4.8
Increase in merchandise inventories	​		(29.0)	​		(78.0)
Decrease in other current assets	​		21.7	​		2.3
Decrease (increase) in other assets	​		0.6	​		(0.8)
(Decrease) increase in trade accounts payable and accrued expenses and other liabilities	​		(2.3)	​		36.5
Decrease in income taxes payable	​		(4.6)	​		(2.4)
Net cash provided by operating activities	​		717.0	​		714.1
​	​	​	​	​	​	​
Investing activities:	​		​	​		​
Purchase of property and equipment and capitalized software	​		(93.4)	​		(104.6)
Proceeds from disposal of assets	​		25.7	​		0.7
Proceeds from insurance	​		1.5	​		—
Investments related to joint ventures	​	​	(34.3)	​	​	—
Purchase of short-term investments	​	​	(534.6)	​	​	(696.7)
Proceeds from maturities of short-term investments	​	​	657.6	​	​	530.9
Net cash provided by (used in) investing activities	​		22.5	​		(269.7)
​	​	​	​	​	​	​
Financing activities:	​		​	​		​
Cash dividends paid	​		(484.8)	​		(413.8)
Purchase of treasury stock	​		(107.8)	​		(121.0)
Issuance cost of line of credit	​		(3.3)	​		—
Net cash used in financing activities	​		(595.9)	​		(534.8)
​	​	​	​	​	​	​
Increase (decrease) in cash and cash equivalents	​		143.6	​		(90.4)
Cash and cash equivalents, beginning of period	​		717.9	​		808.3
Cash and cash equivalents, end of period	​	$	861.5	​	$	717.9
​	​	​	​	​	​	​
Non-cash transactions:	​		​	​		​
Accrued capital expenditures	​	$	7.1	​	$	6.8
Accrued purchase of treasury stock and excise taxes	​		1.0	​		1.2
Stock awards	​		3.8	​		4.2
Lease assets obtained in exchange for new operating lease liabilities	​		14.6	​		2.9

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Estimates for 2026

The Company is providing the following estimates for certain financial statement items for the 52-week period ending January 30, 2027 based upon current conditions. Actual results may differ significantly from these estimates as conditions and factors change - See “Forward-Looking Information.”

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​	​	In Millions
​	​ ​ ​	2026		​ ​ ​	2025
​	​	Estimated		​	Actual
Depreciation and amortization	​	$	175	​	$	179
Rentals	​		18	​		19
Interest and debt (income) expense, net	​		(5)	​		(6)
Capital expenditures	​		130	​		93

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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 “may,” “will,” “could,” “should,” “believe,” “expect,” “future,” “potential,” “anticipate,” “intend,” “plan,” “estimate,” “continue,” or the negative or other variations thereof; (b) statements regarding matters that are not historical facts; and (c) statements about the Company’s future occurrences, plans and objectives, including those statements under the heading “Estimates for 2026” regarding certain financial statement items for the 52-week period ended January 30, 2027. 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’s stores are located and the effect of these factors on the buying patterns of the Company’s 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’s 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’s 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 “Item 1A, Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2025.

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CONTACT:	​
Dillard’s, Inc.	​
Julie J. Guymon	​
501-376-5965	​
julie.guymon@dillards.com	​

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Filing Exhibits & Attachments

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Press Releases

• EX-99 EX-99 303.3 KB

Other Documents

• EX-101 EX-101.SCH 2.6 KB
• EX-101 EX-101.LAB 14.9 KB
• EX-101 EX-101.PRE 9.7 KB