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Dillard's Inc. (symbol: DDS) stands as one of the largest fashion apparel and home furnishings retailers in the United States, with annual revenues surpassing $6.1 billion. The company is dedicated to offering maximum fashion and value to its customers through a diverse selection of compelling apparel and home merchandise, complemented by exceptional customer care.
Operating nearly 300 stores across 29 states, Dillard's showcases a blend of national brands and exclusive merchandise. Some of the exclusive brands include well-known names such as Antonio Melani, Gianni Bini, Daniel Cremieux, and Roundtree & Yorke, alongside private-label merchandise.
In addition to its retail operations, Dillard's owns and operates CDI Contractors, a general contracting construction company. CDI Contractors is engaged in constructing and remodeling Dillard's retail stores, bolstering the company's infrastructure and customer experience.
Dillard’s Inc. operates through two main business segments: Retail Operations and Construction. The Retail Operations segment, which includes the sales of fashion apparel, cosmetics, and home furnishings, accounts for the majority of the company's revenue.
With a commitment to quality and customer satisfaction, Dillard's continues to thrive in the competitive retail market by adapting to consumer trends and maintaining strong partnerships with both national and exclusive brand sources.
Dillard's has announced its largest-ever special dividend of $25.00 per share on Class A and Class B Common Stock, payable January 6, 2025, to shareholders of record as of December 13, 2024. Additionally, the company declared a quarterly cash dividend of $0.25 per share, payable February 3, 2025, to shareholders of record as of December 31, 2024. Management emphasized the significance of rewarding shareholders, noting that the majority are also company associates whose exceptional efforts, along with loyal customers, made this historic dividend possible.
Dillard's (NYSE: DDS) announces the launch of Lilly Sisto for Gianni Bini, a -edition capsule collection featuring contemporary apparel, footwear, handbags, and accessories. The collection, designed in collaboration with New York-based fashion influencer Lilly Sisto, is now available in Dillard's stores nationwide and on dillards.com. The collection combines timeless wardrobe staples with Sisto's signature tomboy-chic style, inspired by vintage pieces and her experiences across New Jersey, Palm Beach, Dallas, and New York City. Gianni Bini, Dillard's largest ladies' contemporary brand, continues its mission of offering cutting-edge fashion trends through this collaboration.
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.
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