Dillard’s full year profits top $570 million

Central ArkansasLatest NewsRetail

by Roby Brock ([email protected]) February 24, 2026 7:02 am 809 views 

Dillard’s Inc. reported strong revenue and profits during the last year despite some slippage in overall sales.

The Little Rock-based upscale retailer posted net sales of $6.474 billion for the 52 weeks that ended Jan. 31, down slightly from $6.483 billion a year ago. Net sales includes the operations of the company’s construction business, CDI Contractors.

Total retail sales for the fiscal year were $6.232 billion compared to $6.219 billion in the previous year. Comp store sales, a key metric for retailers, were unchanged year-over-year.

Net income for the fiscal year was $570.2 million, or $36.42 per share, compared to $593.5 million, or $36.82 per share, for the 52 weeks ended Feb. 1, 2025.

There were some one-time items that impacted Dillard’s bottom line, including:

  • A pretax gain of $20.4 million ($15.7 million after tax or $1 per share) primarily related to the sale of five properties;
  • Federal and state income tax benefits of $35 million ($2.24 per share) due to a deduction related to a portion of a special dividend of $30 per share that was paid to the Dillard’s Inc. Investment and Employee Stock Ownership Plan during the year.

In the retailer’s critical fourth quarter, which includes holiday sales, Dillard’s reported sales of $1.962 billion, down from $2.017 billion a year ago. Quarterly net income was $203.7 million compared to $214.4 million in the previous fourth quarter.

“We reported a respectable year,” said William T. Dillard II, CEO of Dillard’s. “We achieved retail gross margin of 40.8% in a rapidly changing merchandising environment with unpredictable costs. We rewarded our shareholders with the largest dividend in our history and still held around $1.1 billion in cash and short-term investments at year-end.”

In its earnings release, the company announced plans to open a 160,000-square-foot location at The Mall at Fairfield Commons in Beavercreek, Ohio, in March of this year.

Dillard’s operates 271 retail stores, including 28 clearance centers, spanning 30 states and an internet store at dillards.com.

The company’s shares (NYSE:DDS) closed trading Monday at $646.18 per share. Over the past year, the company’s stock has traded between $282.24 and $741.98 per share.