$DDS · DILLARD'S, INC.
Dillard's reported Q3 FY2027 (13 weeks ended October 31, 2026) net sales of $1.480B, up from $1.469B a year earlier, with total retail sales and comparable-store sales each up 1%. Net income was $130.9M, or $8.38 per share, versus $129.8M, or $8.31 per share. Retail gross margin held flat at 45.3% of sales, while operating expenses rose to $448.9M (30.3% of sales) from $440.4M (30.0%).
- Q3 net income $130.9M vs $129.8M; EPS $8.38 vs $8.31.
- Total retail sales and comparable-store sales each rose 1%.
- Retail gross margin flat at 45.3% of sales.
- 39-week net income $479.1M vs $366.5M, boosted by a $104.1M litigation settlement gain.
- Cash and short-term investments ~$1.385B vs $1.334B; ending inventory up 4%.
Markets closed — no regular-session reaction yet; extended-hours move not captured here.
A steady quarter with modest growth and stable margins, but rising inventory and payroll costs are the watch items into the holidays.
Modest 1% comp growth with stable 45.3% retail gross margin reflects a steady department-store quarter amid a soft discretionary retail backdrop.
Ending inventory rose 4% and operating expenses climbed on higher payroll, pressuring margins into the holiday season.