NYSE$DDS

Dillards Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported record performance driven by strong consumer demand and inventory and expense control.

Dillard's reported a strong second quarter with a significant increase in net income, driven by strong consumer demand and effective inventory and expense management. The company ended the quarter with a substantial cash balance after repurchasing a significant amount of stock.

  • Total retail sales increased by 72% compared to the prior year second quarter.
  • Net income reached $185.7 million, a significant improvement from the prior year's net loss of $8.6 million.
  • Retail gross margin improved to 41.7% compared to 31.1% in the prior year second quarter.
  • Inventory decreased by approximately 13%.

Headline financials

Total Revenue

$1.6B

Previous: $945M+69.4%
EPS (adj)

$8.81

Previous: -$0.37+2481.1%
Comparable store sales

14.0%

Previous: 0.0%
Capital Expenditures

-$41.2M

Previous: -$38.6M-6.7%
Free Cash Flow

$144M

Previous: -$47.2M+406.2%
Net Income

$186M

Previous: -$8.57M+2267.4%
Operating Income

$227M

Previous: -$38.8M+686.0%
Gross Profit

$643M

Previous: $279M+130.4%
Cash & Equivalents

$669M

Previous: $82.9M+707.9%
Total Assets

$3.38B

Previous: $3.08B+9.7%

Revenue & EPS history

Dillard's · Revenue · Quarterly

$1.6B

Q2 2021+69.4%vs Q2 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Dillard's · $1.3B total across 1 segment · Q1 2021

  • Retail sales
    $1.3B+72.7%

Forward guidance

Dillard's provided estimates for certain financial statement items for the fiscal year ending January 29, 2022, based upon current conditions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+2.2%

Avg return

Earnings day

+3.4%

Avg return

5 days after

+4.2%

Avg return

30 days after

63%

40 / 63 earnings

Positive

+29.0%

Q1 2021

Best reaction

-20.9%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025+3.9%-6.7%-14.5%
Q3 2025+9.1%-1.1%+12.5%
Q1 2025+5.7%+8.4%+3.3%
Q4 2024-5.1%-19.0%-23.4%
Q3 2024+9.9%+9.9%+9.1%
Q2 2024-9.6%-10.1%-10.6%
Q1 2024-4.1%-2.4%-8.9%
Q4 2023+1.3%-4.4%+6.4%
Q3 2023-5.2%+2.1%+18.3%
Q2 2023+8.3%+4.8%-5.1%
Q1 2023+0.4%-1.0%+21.5%
Q4 2022-15.0%-13.3%-25.0%
Q3 2022+12.9%+22.3%+7.6%
Q2 2022+21.3%+31.6%+26.4%
Q1 2022+14.3%+14.4%+6.9%
Q4 2021-6.8%+9.1%+13.4%
Q3 2021+11.0%+21.7%-9.6%
Q2 2021+7.7%+6.5%+6.2%
Q1 2021+29.0%+46.1%+73.9%
Q4 2020+2.9%+1.8%+10.4%
Q3 2020+3.5%+9.1%+12.0%
Q2 2020+9.6%-2.9%+25.3%
Q1 2020+7.6%+5.2%+24.4%
Q4 2019+1.7%-2.6%-27.5%
Q3 2019+13.4%+8.5%+1.6%
Q2 2019-5.9%-3.4%+14.5%
Q1 2019-11.4%-10.3%-10.6%
Q4 2018+21.5%+14.7%+11.9%
Q3 2018-12.5%-15.1%-16.7%
Q2 2018-10.1%-7.0%-6.7%
Q1 2018+7.5%+3.9%+26.2%
Q4 2017+15.0%+24.0%+13.3%
Q3 2017+12.3%+5.6%+15.2%
Q2 2017-20.9%-22.0%-23.1%
Q1 2017-18.9%-15.1%-5.1%
Q4 2016-5.4%-2.4%-19.0%
Q3 2016+11.2%+7.1%+12.6%
Q2 2016+11.4%+13.0%-5.8%
Q1 2016-4.2%
Q4 2015+9.1%
Q3 2015-5.6%
Q2 2015+1.0%
Q1 2015-8.8%
Q4 2014+3.3%
Q3 2014+2.2%
Q2 2014-6.1%
Q1 2014+12.7%
Q4 2013+0.9%
Q3 2013+0.3%
Q2 2013+5.8%
Q1 2013+3.8%
Q4 2012-8.5%
Q3 2012+3.3%
Q2 2012+6.9%
Q1 2012-5.7%
Q1 2011-5.7%
Q4 2009-0.7%
Q2 2011-0.7%
Q4 2011-0.7%
Q3 2011+2.8%
Q3 2010+2.8%
Q2 2010+4.0%
Q4 2010+4.0%

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