Dillard's Reports January Sales Flat vs +3% Est

Dillard's, Inc. DDS announced today that merchandise sales (“sales”) for the 27 days ended January 28, 2012 were $363,549,000 compared to sales for the 27 days ended January 29, 2011 of $366,416,000 Total sales declined 1%. Comparable store sales were unchanged for the 27 days ended January 28, 2012. The Company is reporting fiscal January sales inclusive of 27 days ending on January 28, 2012 because January 1 was included in the December fiscal month for comparability purposes. Sales for the 13 weeks ended January 28, 2012 were $1,951,461,000 compared to sales for the 13 weeks ended January 29, 2011 of $1,914,619,000 Total sales increased 2%. Comparable store sales increased 3% for the 13 weeks ended January 28, 2012. Sales for the 52 weeks ended January 28, 2012 were $6,199,039,000 compared to sales for the 52 weeks ended January 29, 2011 of $6,020,318,000 Total sales increased 3%. Comparable store sales increased 4% for the 52 weeks ended January 28, 2012.