Dillards Inc. - DDS STOCK NEWS

Dillard’s, Inc. (NYSE: DDS) reported its operating results for the 13 and 39 weeks ended October 30, 2021. The Company showed strong performance indicators, reflecting a rebound from the previous year. Key highlights include a 12% increase in sales compared to the prior year and a 20% rise in earnings per share. The gross margin improved to 35%, attributed to effective inventory management. Dillard's remains optimistic about the holiday season, anticipating continued momentum.

Dillard’s, Inc. (NYSE: DDS) will release its financial results for the 13 and 39 weeks ended October 30, 2021 on November 11, prior to the opening of the New York Stock Exchange.

This announcement is crucial for investors and analysts as it provides insights into the company’s performance during a significant period.

Dillard's, Inc. (NYSE: DDS) has launched the limited-edition capsule collection by Nicola Bathie for Antonio Melani. This collection, inspired by ethereal femininity, features romantic silhouettes and elegant holiday-ready looks. It marks the third collaboration in 2021 with renowned social media influencers to boost brand awareness and attract new customers. Available online at dillards.com and select stores, the collection includes apparel and accessories for women and girls, aiming to enhance fashion excitement.

Alset EHome International (NASDAQ: AEI) announced the completion of a $15 Million subscription agreement with Document Security Systems, Inc. (NYSE: DSS), involving the purchase of 12,155,591 shares at $1.234 per share. This agreement reflects Alset's confidence in DSS and their joint vision for future collaboration. Both companies aim to leverage their strengths in various sectors, including blockchain security, healthcare, and property development, to enhance shareholder value.

Dillard’s, Inc. (DDS-NYSE) has declared a cash dividend of $0.20 per share on its Class A and Class B Common Stock, reflecting a $0.05 increase from the previous dividend of $0.15. This dividend payment is scheduled for November 1, 2021, for shareholders on record as of September 30, 2021. This decision highlights the company’s commitment to return value to its shareholders amidst a challenging retail environment.

Dillard’s reported its operating results for the 13 and 26 weeks ending July 31, 2021. The Company saw a robust increase in total sales, achieving $1.52 billion for the second quarter, a 39% rise year-over-year. Net income reached $213 million, marking a significant 68% jump compared to the prior year. Total merchandise sales rose substantially, and the Company continued to focus on optimizing its inventory.

Despite strong financials, cautious market conditions persist, emphasizing the need for ongoing strategic adjustments.

Dillard’s, Inc. (DDS: NYSE) will release its financial results for the 13 and 26 weeks ending July 31, 2021 on August 12, before the New York Stock Exchange opens. Investors and analysts anticipate insights into the company's performance during this period, which may influence market perceptions and stock valuations. The results may highlight trends in sales, profitability, and operational efficiency, essential for shareholders and potential investors.

Dillard’s, Inc. (DDS) announced a new share repurchase program, allowing the buyback of up to $500 million of its Class A Common Stock. This program is open-ended and includes repurchases in the open market or through privately negotiated transactions. As of May 1, 2021, $114.3 million remains from the previous repurchase plan initiated in March 2018. Additionally, the Board declared a cash dividend of $0.15 per share, payable August 2, 2021, marking the Company's 209th consecutive quarterly dividend since its public listing in 1969.

Dillard's, Inc. (NYSE: DDS) reported strong operating results for the 13 weeks ending May 1, 2021, achieving a net income of $158.2 million or $7.25 per share, a significant recovery from a net loss of $162 million in the prior year. Total retail sales surged 73% to $1.3 billion, although down 9% compared to 2019 levels. Gross margin improved to 42.7% as a result of better inventory management and strong demand. The company also repurchased $58.8 million in shares, ending the quarter with $616 million in cash.