Dillard’s Comparable-Store Sales Rise 1% as Net Sales Edge Higher

Dillard’s third-quarter comparable-store sales rose 1% year over year, above a 0.5% pre-report model forecast, as the department-store chain posted higher net sales.

The increase covered the 13 weeks through Oct. 31, 2026. Net sales reached $1.4804 billion, up from $1.4688 billion a year earlier. CEO William T. Dillard, II, said, “We achieved 1% sales growth on top of last year’s 3% increase.”

Net sales include CDI Contractors, Dillard’s construction business. Retail sales excluding CDI totaled $1.418 billion, compared with $1.401 billion in the year-earlier quarter.

Net income climbed to $130.9 million, or $8.38 per share, from $129.8 million, or $8.31 per share. Retail gross margin held at 45.3%. Selling, general and administrative expenses rose to $448.9 million from $440.4 million, largely because of higher payroll expense.

Sales rose in home goods and furniture, men’s apparel and accessories, women’s accessories and lingerie, and clothing for juniors and children. Cosmetics sales rose slightly, shoe sales were essentially flat, and ladies’ apparel sales declined slightly.