Dillard's Inc. Reports a Profit of $74.5 Million in Quarterly Earnings Update

Dillard’s, Inc. [DDS] announced its financial performance for the quarter ending August 3, 2024. The company reported a net income of $74.5 million for the quarter, reflecting a decrease compared to the previous quarter.

The company, headquartered in Little Rock, Arkansas, reported to SEC in an 8-K filing $4.59 earnings per share in the quarter, compared to $7.98 in the previous quarter.

Dillard's Inc., a leading retail company, reported total retail sales of $1.426 billion, showing a 5% decrease compared to the previous quarter.

In comparison to the same quarter of the previous year, Dillard's Inc. observed a 5% decrease in total retail sales, with a total revenue of $1.426 billion in the current quarter. The company also reported a net income of $74.5 million for the current quarter, representing a 43.32% decrease from the net income reported in the same quarter of the previous year.