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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 the launch of a new limited-edition capsule collection, Kimberly Whitman for Antonio Melani, created in collaboration with lifestyle expert Kimberly Whitman. This vibrant collection features feminine prints and classic dresses suitable for various occasions. Whitman expressed excitement for the launch, emphasizing the collection's playful yet strong designs. The collaboration aims to attract new clients and strengthen brand loyalty as part of Dillard's strategy to enhance brand awareness through partnerships with influential figures. The collection is available online and in select stores.
Dillard’s, Inc. (DDS: NYSE) announced the amendment and extension of its $800 million senior secured revolving credit facility to meet its liquidity needs. The new maturity date is set for April 28, 2026, with a $200 million expansion option still available. This credit facility will support general corporate purposes such as working capital financing, capital expenditures, and share repurchases, among others. The amendment includes no financial covenant requirements as long as availability exceeds $80 million. JPMorgan Chase Bank arranged the credit facility.
Dillard’s, Inc. (NYSE: DDS) has declared a cash dividend of $0.15 per share on its Class A and Class B Common Stock. This dividend will be payable on May 3, 2021 to shareholders on record as of March 31, 2021. This decision reflects the company's ongoing commitment to return value to its shareholders.
Dillard’s (NYSE: DDS) has announced the launch of the limited-edition capsule collection, Born on Fifth for Antonio Melani, in collaboration with fashion influencer Emily Hertz. The collection, inspired by Hertz's aesthetic, features feminine prints and muted pastel tones, perfect for spring. Dillard's VP of Merchandising, Alexandra Dillard Lucie, expressed excitement over the positive response and highlighted the goal of providing fresh fashion options. The collection will be available for pre-order and in select stores, marking the first of three influencer partnerships planned for 2021.
Dillard's, Inc. (DDS) reported operating results for the 13 and 52 weeks ended January 30, 2021. For the fiscal year, net income reached $220 million, with diluted earnings per share (EPS) at $9.36, showcasing a significant increase compared to the previous year. Total revenues were $6.21 billion, a 5% increase year-over-year. Dillard's highlighted improved sales across various categories, particularly in the home and apparel sectors. The Company maintains a positive outlook, anticipating continued growth and expansion in the upcoming fiscal period.
Dillard’s, Inc. (DDS: NYSE) will release its financial results for the 13 and 52 weeks ended January 30, 2021, today following the close of the New York Stock Exchange. This announcement is anticipated by investors as it may provide insights into the company's performance during this period, reflecting crucial metrics such as revenue, earnings per share (EPS), and future guidance.
Dillard's, Inc. (NYSE: DDS) collaborates with designers Michael and Alex Toccin to launch LDT, a new fashion brand inspired by their daughter, Liv Dakota Toccin. LDT presents a modern approach to women's fashion, offering stylish, easy-to-wear outfits influenced by the feminine styles of the '60s and '90s. The collection features vibrant colors and unique designs intended for daily wear. LDT will debut on February 8, 2021, in 85 Dillard's stores and online, aiming to provide women with confidence and comfort in their attire.
Dillard’s, Inc. (NYSE: DDS) has declared a cash dividend of $0.15 per share for both Class A and Class B Common Stock. The dividend is payable on February 1, 2021, to shareholders of record as of December 31, 2020. This decision reflects the company's commitment to returning value to shareholders despite uncertain market conditions.
Dillard’s reported its operating results for the 13 and 39 weeks ending October 31, 2020. The Company achieved a net income of $27.3 million for the third quarter, a significant recovery from the previous year’s net loss of $2.35 million. Total revenues reached $1.33 billion, representing a 3% year-over-year increase. As of the end of the quarter, Dillard's had $745 million in cash. The Company also announced plans for further expansion and enhancement of online operations. These results underscore Dillard’s resilience in the face of economic challenges.
Dillard’s, Inc. (NYSE: DDS) is set to announce its financial results for the 13 and 39 weeks ending October 31, 2020. This announcement will occur after the close of the New York Stock Exchange tomorrow. Investors and analysts are keenly anticipating these results as they reflect the company’s performance in a challenging retail environment.
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