Dillards Inc. - DDS STOCK NEWS

Dillard's, Inc. (NYSE: DDS) has declared a quarterly cash dividend of $0.20 per share on its Class A and Class B Common Stock, payable on January 30, 2023. The Company will also issue a special dividend of $15.00 per share, reflecting strong financial performance in the first three quarters of 2022, payable on January 9, 2023. Shareholders of record for the quarterly and special dividends are December 30, 2022 and December 15, 2022, respectively. This decision demonstrates Dillard's commitment to returning value to shareholders.

Macerich announces Dillard's plans to construct a new 220,000-square-foot flagship store at South Plains Mall, Lubbock, Texas, replacing two existing locations. Construction begins immediately with an opening expected in early 2024. Dillard's CEO highlights the expansion as a testament to the brand's 50-year commitment to local customers. The new store will feature modern design and product offerings tailored to West Texas consumers, enhancing shopping options in the region. This development is anticipated to attract additional retailers to the mall.

Dillard's, Inc. (DDS) reported its operating results for the 13 and 39 weeks ending October 29, 2022, highlighting significant growth in both sales and net income. For the third quarter, the company's net sales surged to $1.51 billion, a 16% increase compared to the same period last year, while net income reached $138 million, reflecting a 48% rise. For the year-to-date period, net sales totaled $4.73 billion, up 20% year-over-year, and net income rose to $442 million, a substantial 102% increase. These figures underscore Dillard's strong market performance and robust financial health.

Dillard's, Inc. (NYSE: DDS) is set to announce its financial results for the 13 and 39 weeks ending on October 29, 2022. The announcement will occur on November 10, prior to the opening of the New York Stock Exchange. Investors and stakeholders are keenly anticipating these results as they will provide insights into the company's performance over the reported periods.

For more information, interested parties can contact Julie J. Guymon, Director of Investor Relations, at (501) 376-5965 or via email at julie.guymon@dillards.com.

Dillard’s (DDS: NYSE) has launched its 28th annual holiday fundraiser to support Ronald McDonald House Charities (RMHC) across the U.S. This initiative has raised over $15.3 million since 1994, aiding families with ill children. The fundraiser features a new cookbook from Southern Living, available in stores and online at $14, with profits benefiting RMHC chapters. Dillard’s aims to provide comfort to families during tough times, reaffirming its commitment to community support and enhancing its brand image through charitable efforts.

Dillard's, Inc. has announced a partnership with the V Foundation to promote cancer research through its initiative, Style for a Cause, starting September 19. The company will donate $2 from every regular-priced purchase of select fashion items to the V Foundation, with a cap of $100,000. This initiative aims to contribute to meaningful cancer research, supporting those affected by the disease. Dillard's operates 250 locations nationwide and focuses on providing quality fashion.

Dillard's announced a cash dividend of $0.20 per share on its Class A and Class B Common Stock. The dividend will be payable on October 31, 2022, to shareholders of record as of September 30, 2022. This decision reflects the company’s ongoing commitment to returning value to its shareholders.

Dillard's, Inc. (NYSE: DDS) has launched a limited-edition capsule collection, Courtney Grow for Antonio Melani, designed in collaboration with influencer Courtney Grow. The collection features exclusive dresses, sportswear, coats, footwear, and handbags aimed at fresh transitional and fall styling. Available online and in 248 Dillard’s locations, this initiative is part of a strategy to enhance brand awareness and attract new clients through partnerships with influential tastemakers. Antonio Melani, Dillard's largest ladies' apparel brand, continues to curate high-end collections.