Dillard's, Inc. Reports March Sales Results
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LITTLE ROCK, Ark.--(Business Wire)--
Dillard's, Inc. (NYSE: DDS) ("Dillard's" or the "Company")
announced today that sales for the five weeks ended April 5, 2008 were
$621,725,000 compared to sales for the five weeks ended April 7, 2007
of $679,616,000. The Company notes that the 2008 five-week period
contained one less shopping day than the 2007 period due to the shift
of the Easter holiday from April (2007) to March (2008). Sales
decreased 9% in total stores. Sales in comparable stores decreased 10%
for the five-week period.
Sales for the nine weeks ended April 5, 2008 were $1,203,337,000
compared to sales for the nine weeks ended April 7, 2007 of
$1,272,787,000. Sales decreased 5% in total stores. Sales in
comparable stores decreased 7% for the nine-week period.
During the five weeks ended April 5, 2008, sales were slightly
above the average company trend in the Central region and consistent
with trend in Western region. Sales were below trend in the Eastern
region.
During the five weeks ended April 5, 2008, sales of cosmetics
significantly exceeded the Company's average sales performance for the
period. Sales in the juniors' and children's apparel and shoes were
significantly below trend for the period.
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, 501-376-5965
Director of Investor Relations
Copyright Business Wire 2008
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