US’ Dillard’s Q1 FY25 net income falls to $163.8 mn on margin pressure

Dillard’s has reported net sales of $1.529 billion and net income of $163.8 million, or $10.39 per share in Q1 2025.
Retail gross margin declined to 45.5 per cent, with weaker sales in ladies’ apparel and home categories.
SG&A expenses fell slightly to $421.7 million.
Inventory rose 6 per cent.
The company expects $180 million in depreciation and $120 million in capex for full FY25.Read More