Dillard's (DDS) Reports January Same Store Sales

Dillard's, Inc. (NYSE: DDS) announced sales for the four, thirteen and fifty-two week period ended February 2, 2008 compared to the five, fourteen and fifty-three weeks ended February 3, 2007 in accordance with the National Retail Federation fiscal reporting calendar.

Sales for the four weeks ended February 2, 2008 compared to the four weeks ended January 27, 2007 declined 12% on both a total and comparable store basis. Dillard's notes that the New Year's Day shopping activity occurred in the December fiscal month this year and in the January fiscal month last year. Management estimates the unfavorable impact of this New Year's Day-related calendar shift to be approximately 8% in both total and comparable stores for the four week period discussed.

Dillard's, Inc. is one of the nation's largest fashion apparel and home furnishing retailers.

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