Press release from Business Wire
Dillard's, Inc. Reports June Sales Results
Thursday, July 08, 2010
Dillard's, Inc. Reports June Sales Results08:00 EDT Thursday, July 08, 2010 LITTLE ROCK, Ark. (Business Wire) -- Dillard's, Inc. (NYSE: DDS) (“Dillard's” or the “Company”) announced today that merchandise sales (“sales”) for the five weeks ended July 3, 2010 were $506,449,000 compared to sales for the five weeks ended July 4, 2009 of $497,165,000. Sales increased 2% in both total and comparable stores for the five-week period. Sales for the 22 weeks ended July 3, 2010 were $2,365,321,000 compared to sales for the 22 weeks ended July 4, 2009 of $2,344,280,000. Total sales increased 1%. Sales in comparable stores increased 2% for the 22-week period. During the five weeks ended July 3, 2010, sales were above the average total Company trend in the Eastern region and slightly below trend in the Central region. Sales were below trend in the Western region. The sales performance in the cosmetics category was significantly below trend. Dillard's, Inc. is one of the nation's largest fashion apparel and home furnishing retailers. The Company's stores operate with one name, Dillard's, and span 29 states. Dillard's stores offer a broad selection of merchandise, including products sourced and marketed under Dillard's exclusive brand names.