Dillard's, Inc. announced its operating results for the 13 and 52 weeks ended February 1, 2025. For the fourth quarter, net income was $214.4 million, or $13.48 per share, surpassing analyst estimates of $9.66 per share.
Net sales for the fourth quarter reached $2.017 billion, exceeding Street forecasts of $1.94 billion. However, total retail sales decreased by 1% compared to the prior year, with comparable store sales also declining by 1%.
For the full fiscal year, net income was $593.5 million, or $36.82 per share, on net sales of $6.483 billion. Consolidated gross margin for the fourth quarter was 34.9% of sales, down from 36.6% in the prior year, and inventory increased by 7% at year-end. The company repurchased $14.0 million in Class A Common Stock during the quarter.
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