Dillard's, Inc. has recently released its 10-Q report, which shows the company's performance for the second quarter of 2025. Dillard's, Inc. operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States, offering fashion apparel for men, women, and children, accessories, cosmetics, home furnishings, and other consumer goods. It also engages in general contracting construction activities. The company was founded in 1938 and is based in Little Rock, Arkansas.
In the 10-Q report, Dillard's, Inc. reported encouraging sales trends, with a 1% increase in total retail sales and a 1% increase in sales in comparable stores for the second quarter of 2025 compared to the same period in 2024. The retail gross margin was 38.1% of sales, slightly down from 39.1% in the previous year. The company's net income for the second quarter of 2025 was $72.8 million, or $4.66 per share, compared to $74.5 million, or $4.59 per share, for the same period in 2024.
The report also highlighted that net cash provided by operating activities was $319.4 million for the six months ended August 2, 2025, compared to $176.0 million for the prior year six-month period. Dillard's, Inc. had working capital of $1.613 billion and $521.6 million of total debt outstanding as of August 2, 2025. The company operated 272 Dillard’s stores, including 28 clearance centers, and an internet store as of the same date.
In terms of key performance indicators, Dillard's, Inc. reported a 1% increase in net sales, reaching $1,513.8 million for the second quarter of 2025. The retail store inventory trend showed a 2% increase, and the annualized retail merchandise inventory turnover was 2.5.
The report also provided insights into the company's sales performance by segment and product category. Net sales from the retail operations segment increased by approximately 1%, with significant increases in juniors’ and children’s apparel sales, and moderate increases in ladies’ accessories and lingerie, and ladies’ apparel sales. However, sales in cosmetics and home and furniture decreased moderately.
For the six months ended August 2, 2025, net sales from the retail operations segment remained essentially flat as a percentage of the prior period sales in both total and comparable stores. Sales in home and furniture, cosmetics, and shoes decreased moderately, while sales in ladies’ accessories and lingerie, and juniors’ and children’s apparel increased moderately.
The market has reacted to these announcements by moving the company's shares 0.99% to a price of $576.96. If you want to know more, read the company's complete 10-Q report here.
