Dillard's
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Dillard's (DDS) investor relations material

Dillard's Q4 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2026 earnings summary24 Feb, 2026

Executive summary

  • Fiscal year net income was $570.2 million, or $36.42 per share, down from $593.5 million, or $36.82 per share, year-over-year.

  • Retail gross margin for the year was 40.8%, slightly down from 41.0% the prior year.

  • Cash and short-term investments at year-end totaled approximately $1.1 billion.

  • The largest dividend in company history was paid, with significant cash reserves maintained.

Financial highlights

  • Net sales for the year were $6.474 billion, nearly flat compared to $6.483 billion the previous year.

  • Comparable store sales and total retail sales were unchanged year-over-year.

  • Fourth quarter net income was $203.7 million ($13.05 per share), down from $214.4 million ($13.48 per share) year-over-year.

  • Fourth quarter total retail sales decreased 1%, with comparable store sales also down 1%.

  • Operating expenses for the year were $1.759 billion (27.2% of sales), up from $1.731 billion (26.7% of sales) year-over-year.

Outlook and guidance

  • Estimates for fiscal 2026 include depreciation and amortization of $175 million, rentals of $18 million, net interest income of $5 million, and capital expenditures of $130 million.

Quantify non-operating gains on EPS for FY26
Analyze FY26 capital allocation priorities
Assess Q4 retail sales and expense trends
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Frequently asked questions

Dillard's Inc is a retail company that operates a chain of department stores across the United States. The company offers a broad range of products, including apparel, accessories, cosmetics, home furnishings, and footwear. Dillard's focuses on providing quality merchandise from well-known brands, as well as offering exclusive products. It serves a wide customer base, targeting men, women, and children through its physical stores and online platform. The company is headquartered in Little Rock, Arkansas, and its shares are listed on the NYSE.

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