Dillard's, Inc. reports decrease in net income and sales, with operating expenses down.

From GlobeNewswire: 2025-05-15 06:50:00

Dillard’s, Inc. reported a net income of $163.8 million for the first quarter of 2025, a decrease from $180.0 million in the same period last year. Total retail sales also decreased by 2%, with comparable store sales down by 1%. The company’s gross margin was reported at 45.5% of sales.

The company’s operating expenses for the first quarter of 2025 were $421.7 million, representing 27.6% of sales, a decrease from $426.7 million in the same period last year. Dillard’s also repurchased $98 million in stock during the quarter, leaving $1.2 billion in cash and short-term investments.

Dillard’s estimates for 2025 include $180 million in depreciation and amortization, $20 million in rentals, and $120 million in capital expenditures. The company operates 272 Dillard’s stores across 30 states and an online store at dillards.com.

The company cautions that forward-looking statements are based on estimates and assumptions, and actual results may differ. Factors like economic conditions, consumer spending patterns, and trade policies could impact future performance. Dillard’s emphasizes the importance of considering risks and uncertainties in evaluating the company’s future prospects.



Read more at GlobeNewswire:: Dillard’s, Inc. Reports First Quarter Results