Valle Vista Mall

Dillard’s, Inc. Reports Second Quarter Results

Retrieved on: 
Thursday, August 12, 2021

Dillard's Chief Executive Officer William T. Dillard, II stated, "The strong consumer demand we saw in the first quarter continued throughout the second quarter.

Key Points: 
  • Dillard's Chief Executive Officer William T. Dillard, II stated, "The strong consumer demand we saw in the first quarter continued throughout the second quarter.
  • Comparable store retail sales for the second quarter of 2021 compared to the second quarter of 2019 increased 14%.
  • Compared to the second quarter of 2019, retail gross margin improved 1,299 basis points of sales to 41.7% from 28.7%.
  • During the second quarter, the Company closed its Paradise Valley Mall location in Phoenix, Arizona (200,000 square feet).