NYSE$DDS

Dillards Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported record third quarter with strong sales, record gross margin, and expense control.

Dillard's reported a record third quarter with net income of $197.3 million, or $9.81 per share. Comparable retail sales increased 48%. The company ended the quarter with a strong cash position of $620 million after repurchasing $239 million of stock.

  • Net income was $197.3 million, or $9.81 per share, compared to $31.9 million, or $1.43 per share, in the prior year third quarter.
  • Comparable retail sales increased 48%.
  • Retail gross margin improved to 46.7% compared to 36.6% in the prior year third quarter.
  • The company repurchased $239.2 million of stock (approximately 1.2 million shares).

Headline financials

Total Revenue

$1.51B

Previous: $1.05B+43.7%
EPS (adj)

$9.81

Previous: $1.43+586.0%
Comparable store sales

48.0%

Previous: -24.0%+300.0%
Capital Expenditures

-$79.7M

Previous: -$52.1M-53.1%
Free Cash Flow

$118M

Previous: -$20.3M+680.7%
Net Income

$197M

Previous: $31.9M+519.6%
Operating Income

$241M

Previous: -$3.16M+7740.0%
Gross Profit

$685M

Previous: $366M+87.0%
Cash & Equivalents

$620M

Previous: $61.1M+913.9%
Total Assets

$3.74B

Previous: $3.31B+13.1%

Revenue & EPS history

Dillard's · Revenue · Quarterly

$1.51B

Q3 2021+43.7%vs Q3 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

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

  • Retail sales
    $1.3B+72.7%

Forward guidance

The Company is providing 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 Q3 2021

Historical avgQ3 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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