Dillard`s reports Q4 net sales of $1.9 billion

Fashion

Dillard`s reports Q4 net sales of $1.9 billion

26 Feb `20

2 min read

Dillard's, a US based luxury department store chain, posted net sales to $1.9 billion in Q4 FY19 compared to $2.01 billion in same period prior year. Net sales for complete fiscal that ended on February 1, 2020 reduced slightly to $6.2 billion compared to prior year. Sales includes operations of construction business, CDI contractors, LLC, company reported. 

 

Dillard`s, a US based luxury department store chain, posted net sales to $1.9 billion in Q4 FY19 compared to $2.01 billion in same period prior year. Net sales for complete fiscal that ended on February 1, 2020 reduced slightly to $6.2 billion compared to prior year. Sales includes operations of construction business, CDI contractors, LLC, company reported.#

Net income in the quarter fell to $67.7 million compared to $85.1 million in same period prior year. Comparable store sales decreased 3 per cent against a 2 per cent increase in Q4 FY18. Operating expenses in Q4 FY19 were $458.6 million compared to $458.0 million in same period prior year. Selling, general and administrative expenses ("operating expenses") stood at $458.6 million in the quarter.

 

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