Sales, profits rise for Dillard’s in Q3

Little Rock-based retailer Dillard’s reported Thursday (Nov. 13) higher sales and stronger profits over its year-ago third quarter.

Total retail sales for the 13 weeks ending Nov. 1 were $1.401 billion versus $1.356 billion in the previous year’s third quarter. Including Dillard’s CDI Contractors, quarterly revenue rose to $1.469 billion.

Dillard’s reported net income for the third quarter of $129.8 million, or $8.31 per share, compared to $124.6 million, or $7.73 per share, one year ago.

“We were happy to see sales strength continue through the third quarter, ending up 3%,” said Dillard’s CEO William T. Dillard II. “We look forward to seeing and serving our customers this holiday season.”

Other quarterly highlights include:

• Sales in comparable stores for the same period increased 3%;
• Retail gross margin of 45.3% of sales compared to 44.5% of sales;
• Operating expenses were $440.4 million (30.0% of sales) compared to $418.9 million (29.4% of sales) one year ago; and
• Ending inventory increased 2%.

Dillard’s has announced the upcoming closure of its store at The Shops at Willow Bend in Plano, Texas. The store is expected to close in January 2026.

The company operates 272 Dillard’s stores, including 28 clearance centers, spanning 30 states and an internet store at dillards.com.

Dillard’s (NYSE: DDS) shares were trading more than 8% higher in pre-market activity on Thursday at $658 per share. Over the past 52 weeks, Dillard’s stock has traded between a low of $282.24 per share and a high of $637.73 per share.