Dillards Department
Store
The fashion apparel and home
furnishing department store's locations are concentrated in
the South, particularly Texas, Louisiana, and Florida. It competes on a
price level with Belk, Macy's, J.C. Penney and Sears, but below Neiman
Marcus, Nordstrom and Saks Fifth Avenue. |
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Little Rock, Arkansas, July 6, 2006 -
Dillard's, Inc. (DDS: NYSE) ("Dillard's" or the "Company") announced
today that sales for the five weeks ended July 1, 2006 were $623,597,000
compared to sales for the five weeks ended July 2, 2005 of $630,340,000.
Sales decreased 1% for the five-week period in both total and comparable
stores.
Sales for the 22 weeks ended July 1, 2006 were $2,997,852,000 compared
to sales for the 22 weeks ended July 2, 2005 of $2,953,391,000. Sales
increased 2% for the 22-week period in both total and comparable stores.
During the five weeks ended July 1, 2006, sales were significantly above
the average company trend in the Western region and slightly above trend
in the Eastern region. Sales were below trend in the Central region.
During the five weeks ended July 1, 2006, sales of shoes and furniture
significantly exceeded the Company's average sales performance 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.
Dillards products include: Clothing,
footwear, bedding, furniture, jewelry, beauty products, electronics and
housewares.
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