Dillard's (DDS) Reports Q1 EPS of $13.68
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Dillard’s, Inc. Reports First Quarter Results
May 12, 2022 6:50 AM EDTLITTLE ROCK, Ark.--(BUSINESS WIRE)-- Dillards, Inc. (NYSE: DDS) (the Company or Dillards) announced operating results for the 13 weeks ended April 30, 2022. This release contains certain forward-looking statements. Please refer to the Companys cautionary statements included below under Forward-Looking Information.
Chief Executive Officer William T. Dillard, II stated, Our customer responded well to our merchandise in the first quarter producing a 23% increase in same-store sales. From this strong sell through, we reported a record high retail gross margin of 47.3% leading to net income of $251 million or $13.68 per share. We ended the quarter... More
