Dillards Inc - DDS STOCK NEWS

Dillard’s, Inc. (DDS) has declared a cash dividend of $0.20 per share on its Class A and Class B Common Stock. The dividend will be payable on August 1, 2022, to shareholders recorded as of June 30, 2022. This decision reflects the company’s commitment to returning value to its shareholders, showcasing a continual effort to maintain shareholder confidence and engagement.

Dillard’s (NYSE: DDS) reported its operating results for the 13 weeks ending April 30, 2022. The company achieved a net income of $122.3 million, with earnings per share at $5.63. Total revenue for the quarter reached $1.45 billion, marking a 12% increase compared to the previous year. The strong performance was attributed to robust sales and effective cost management. Dillard's remains committed to enhancing shareholder value through strategic investments and plans to maintain its competitive position in the retail market.

Dillard’s, Inc. (DDS: NYSE) is set to announce its financial results for the 13-week period ending on April 30, 2022. The announcement will occur tomorrow, May 12, 2022, prior to the opening of the New York Stock Exchange. Investors are encouraged to stay tuned for this update, which could influence stock performance and market perceptions.

Kohl’s Corporation (KSS) experienced a significant drop in share price, declining over 9% in a single day, which translates to a loss of hundreds of millions in market capitalization. Macellum Advisors, holding nearly 5% of Kohl’s shares, expressed concerns that continued value destruction could affect ongoing sale negotiations and potential offers. They urged shareholders to consider voting for nominees from both management and Macellum at the upcoming Annual Meeting. Notably, the California State Teachers’ Retirement System publicly supported all of Macellum’s nominees.

Dillard’s, Inc. (NYSE:DDS) has authorized a new share repurchase program to buy back up to $500 million of its Class A Common Stock. This program is designed to enhance shareholder value and can be executed in the open market or through negotiated transactions. Additionally, the Board declared a cash dividend of $0.20 per share on both Class A and B Common Stock, marking the 212th consecutive quarterly dividend since its public listing in 1969. The dividend will be payable on May 2, 2022, to shareholders of record as of March 31, 2022.

Dillard’s, Inc. reported its operating results for the 13 and 52 weeks ending January 29, 2022. The company highlighted an incredible 45% increase in net sales, total sales reaching $6 billion. Additionally, net income soared to $500 million, marking a 53% year-over-year increase. Dillard’s also declared a quarterly dividend of $0.15 per share.

Overall, the financial performance demonstrates robust growth and shareholder value enhancement. The company continues to focus on strengthening its market position.

Dillard’s, Inc. (DDS: NYSE) will report its financial results for the 13 and 52 weeks ending on January 29, 2022 on February 22, before the New York Stock Exchange opens. Investors and analysts are keenly awaiting insights into the company’s performance during this period. This announcement is part of Dillard’s ongoing communication with shareholders and the market.

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

Dillard's, Inc. (DDS) announced a significant $180,000 donation to Ronald McDonald House Charities (RMHC), bringing its total contributions over 27 years to $15.3 million. The donation stems from the sale of the exclusive Southern Living Christmas Cookbook, featuring over 100 new recipes. This contribution will provide 1,800 overnight stays for families with sick children, supporting their proximity to necessary medical care. Dillard's commitment strengthens its community ties and highlights corporate social responsibility.

Dillard's, Inc. (NYSE:DDS) announced a special dividend of $15.00 per share, reflecting its recent record financial performance. This dividend is payable on December 15, 2021 to shareholders of record as of November 29, 2021. Additionally, the Board declared a cash dividend of $0.20 per share, which will be paid on January 31, 2022 to shareholders of record as of December 31, 2021. Executives expressed gratitude to shareholders and associates who hold approximately 70% of outstanding shares, emphasizing their contribution to the company's success.