Dillard's Q1 2025 Earnings Report
Key Takeaways
Dillard's reported a decrease in net income and total retail sales for the first quarter of fiscal year 2025 compared to the same period last year. Despite a challenging economic environment, the company maintained control over expenses and achieved a healthy gross margin. They also repurchased $98 million in stock and ended the quarter with $1.2 billion in cash and short-term investments.
Net income decreased to $163.8 million from $180.0 million in the prior year's first quarter.
Total retail sales decreased by 2% and comparable store sales decreased by 1%.
Earnings per share were $10.39, down from $11.09 in the same quarter last year.
Retail gross margin was 45.5% of sales, a slight decrease from 46.2% in the prior year.
Dillard's
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Dillard's Revenue by Segment
Forward Guidance
Dillard's provided estimates for certain financial statement items for the 52-week period ending January 31, 2026, based on current conditions. These estimates include depreciation and amortization, rentals, interest and debt income/expense, and capital expenditures.