--- title: "Dillards | 8-K: FY2027 Q1 Revenue Beats Estimate at USD 1.568 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/286466441.md" datetime: "2026-05-14T20:49:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286466441.md) - [en](https://longbridge.com/en/news/286466441.md) - [zh-HK](https://longbridge.com/zh-HK/news/286466441.md) --- # Dillards | 8-K: FY2027 Q1 Revenue Beats Estimate at USD 1.568 B Revenue: As of FY2027 Q1, the actual value is USD 1.568 B, beating the estimate of USD 1.555 B. EPS: As of FY2027 Q1, the actual value is USD 16.04, beating the estimate of USD 10.6171. EBIT: As of FY2027 Q1, the actual value is USD 327.7 M. #### Net Income Net income for the 13 weeks ended May 2, 2026, was $250.6 million, compared to $163.8 million for the 13 weeks ended May 3, 2025 . The net income for the 13 weeks ended May 2, 2026, included a pre-tax gain on litigation settlement of $104.1 million ($79.6 million after tax) . #### Sales Net sales for the 13 weeks ended May 2, 2026, were $1.568 billion, compared to $1.529 billion for the 13 weeks ended May 3, 2025 . Total retail sales (excluding CDI) for the 13 weeks ended May 2, 2026, were $1.518 billion, compared to $1.468 billion for the 13 weeks ended May 3, 2025 . Total retail sales increased 3% for the 13-week period ended May 2, 2026, compared to the prior year period, with comparable store sales also increasing 3% . All merchandise categories reported sales increases, with significant increases in home and furniture, ladies’ accessories and lingerie, and shoes . Sales in men’s apparel and accessories, juniors’ and children’s apparel, and ladies’ apparel increased moderately, while cosmetics saw a slight increase . #### Gross Margin Consolidated gross margin for the 13 weeks ended May 2, 2026, was 44.5% of sales, compared to 43.9% of sales for the 13 weeks ended May 3, 2025 . Retail gross margin for the 13 weeks ended May 2, 2026, was 45.8% of sales, compared to 45.5% of sales for the 13 weeks ended May 3, 2025 . Retail gross margin increased moderately in shoes and slightly in ladies’ accessories and lingerie, remained unchanged in juniors’ and children’s apparel, cosmetics, and men’s apparel and accessories, and decreased slightly in ladies’ apparel and moderately in home and furniture . #### Operating Costs (Selling, General & Administrative Expenses) Consolidated selling, general and administrative expenses (operating expenses) for the 13 weeks ended May 2, 2026, were $444.0 million (28.3% of sales), compared to $421.7 million (27.6% of sales) for the 13 weeks ended May 3, 2025 . This increase was primarily due to higher payroll and payroll-related expenses . #### Other Income Statement Items Service charges and other income were $20.2 million in 2026 versus $18.1 million in 2025 . Cost of sales was $870.4 million (55.5% of sales) in 2026 versus $857.7 million (56.1% of sales) in 2025 . Depreciation and amortization was $43.3 million (2.8% of sales) in 2026 versus $44.5 million (2.9% of sales) in 2025 . Rentals were $3.9 million (0.2% of sales) in 2026 versus $4.6 million (0.3% of sales) in 2025 . Interest and debt (income) expense, net, was - $0.7 million in 2026 versus - $0.8 million in 2025 . Other expense was $5.0 million in 2026 versus $5.7 million in 2025 . Gain on disposal of assets was $0.2 million in 2026 versus $0.1 million in 2025 . Income before income taxes and equity in earnings of joint ventures was $327.0 million in 2026 versus $213.7 million in 2025 . Income taxes were $76.7 million in 2026 versus $49.9 million in 2025 . Equity in earnings of joint ventures was $0.3 million in 2026 versus $0 million in 2025 . #### Cash Flow from Operating Activities Net cash provided by operating activities was $364.0 million for the 13 weeks ended May 2, 2026, compared to $232.6 million for the 13 weeks ended May 3, 2025 . Key adjustments included an increase in merchandise inventories of - $305.4 million in 2026 versus - $297.3 million in 2025, and an increase in trade accounts payable and accrued expenses and other liabilities of $313.6 million in 2026 versus $263.6 million in 2025 . #### Cash Flow from Investing Activities Net cash used in investing activities was - $63.1 million for the 13 weeks ended May 2, 2026, compared to net cash provided of $55.3 million for the 13 weeks ended May 3, 2025 . Purchases of property and equipment and capitalized software were - $17.2 million in 2026 versus - $16.8 million in 2025 . Purchases of short-term investments were - $258.5 million in 2026 versus - $212.4 million in 2025, while proceeds from maturities of short-term investments were $212.4 million in 2026 versus $282.8 million in 2025 . #### Cash Flow from Financing Activities Net cash used in financing activities was - $4.7 million for the 13 weeks ended May 2, 2026, compared to - $105.3 million for the 13 weeks ended May 3, 2025 . Cash dividends paid were - $4.7 million in 2026 versus - $4.0 million in 2025 . Purchase of treasury stock was - $98.0 million in 2025, with no purchases in 2026 . #### Balance Sheet Items As of May 2, 2026, cash and cash equivalents were $1,157.7 million versus $900.5 million as of May 3, 2025 . Merchandise inventories were $1,506.5 million versus $1,469.3 million . Total current assets were $3,047.1 million versus $2,768.1 million . Total assets were $4,137.8 million versus $3,907.0 million . Trade accounts payable and accrued expenses were $1,081.4 million versus $1,056.7 million . Total current liabilities were $1,287.3 million versus $1,146.8 million . Long-term debt was $225.7 million versus $321.6 million . Stockholders’ equity was $2,025.6 million versus $1,857.9 million . #### Unique Metrics (Store Information) Dillard’s, Inc. opened a new 160,000 square foot location at The Mall at Fairfield Commons in Beavercreek, Ohio . The company operates 272 Dillard’s stores, including 28 clearance centers, across 30 states, totaling 46.1 million square feet, and an Internet store at dillards.com . #### Outlook / Guidance for 2026 For the 52-week period ending January 30, 2027, Dillard’s, Inc. (狄乐百货) estimates depreciation and amortization to be $175 million, rentals to be $18 million, and net interest and debt (income) expense to be - $5 million . 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