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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 (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.
Dillard’s (NYSE: DDS) is set to release its first quarter results for the 13 weeks ending May 4, 2024, on May 16, 2024. The announcement will occur before the opening of the New York Stock Exchange, providing investors with critical insights into the company's financial performance. This quarterly report will offer detailed information about Dillard’s revenue, earnings per share (EPS), and guidance for future quarters. Investors and analysts will closely watch these results to gauge the company’s market position and evaluate its growth and profitability over the recent quarter.
Dillard's has launched The Cabana, a new swim shop featuring a curated selection of premier swimwear brands. Available in select Dillard's locations and online, The Cabana offers brands like Andrea Iyamah, Agua Bendita, Bahia Maria, Beach Riot, Maaji, and Solid & Striped, with some brands exclusive to their website. Alexandra Dillard Lucie, VP of Merchandising, highlighted the shop's focus on unique and high-quality swimwear that celebrates summer. The Cabana is now open in 36 locations across 13 states, with a strong presence in Texas and Florida. This launch aligns with Dillard's strategy to enhance its fashion offerings and customer experience.
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