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Press release from Business Wire

Dillard's, Inc. Reports April Sales Results

Thursday, May 05, 2011

Dillard's, Inc. Reports April Sales Results08:00 EDT Thursday, May 05, 2011 LITTLE ROCK, Ark. (Business Wire) -- Dillard's, Inc. (NYSE: DDS) (“Dillard's” or the “Company”) announced today that merchandise sales (“sales”) for the four weeks ended April 30, 2011 were $448,385,000 compared to sales for the four weeks ended May 1, 2010 of $406,334,000. Total sales increased 10%. Sales in comparable stores increased 11% for the four weeks ended April 30, 2011. The Company notes that Easter Sunday occurred the first day of the April fiscal month last year and occurred the fourth Sunday in April this year. Because of this calendar shift, 2011 April sales results were positively impacted by Easter shopping activity moving from March to April. Sales for the combined March and April nine-week period increased 4% on both a total and comparable store basis. Sales for the thirteen weeks ended April 30, 2011 were $1,460,840,000 compared to sales for the thirteen weeks ended May 1, 2010 of $1,432,382,000. Sales increased 2% on both a total and comparable store basis for the thirteen weeks ended April 30, 2011. During the nine weeks ended April 30, 2011, sales were slightly above the average total Company trend in the Central region, slightly below trend in the Eastern region and below trend in the Western region. Sales in the home and furniture category were significantly below trend during the nine-week period ended April 30, 2011. 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. Dillard?s, Inc.Julie J. Bull, 501-376-5965Director of Investor Relations