Dillard's Reports Higher Q1 Net Income Driven by Sales Growth and Litigation Settlement Gain
Dillard’s reported a rise in first-quarter (Q1) net income to $250.6 million, up from $163.8 million last year, driven by sales growth of 3% and a litigation settlement gain. The company also noted increased operating expenses due to higher payroll costs.
Tickers: $DDS
Topics: litigation_settlement retail sales_growth