Company profile

Ticker
DDS
Exchange
CEO
William Thomas Dillard
Employees
Incorporated in
Location
Fiscal year end
Former names
Dillard Department Stores Inc, Dillards Inc
SEC CIK
IRS number
710388071

DDS stock data

(
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FINRA relative short interest over last month (20 trading days) ?

Calendar

31 Mar 20
5 Apr 20
1 Feb 21

News

Company financial data Financial data

Quarter (USD) Feb 20 Nov 19 Aug 19 May 19
Revenue 1.96B 1.42B 1.46B 1.5B
Net income 67.69M 5.46M -40.67M 78.6M
Diluted EPS 2.75 0.22 -1.59 2.99
Net profit margin 3.45% 0.38% -2.79% 5.25%
Net change in cash 198.01M -39.04M -21.69M 16.29M
Cash on hand 277.08M 79.07M 118.11M 139.8M
Cost of revenue 926.78M 1.03B 927.77M
Annual (USD) Feb 20 Jan 17 Jan 16 Jan 15
Revenue 6.34B 6.42B 6.75B 6.78B
Net income 111.08M 169.22M 269.37M 331.85M
Diluted EPS 4.38 4.93 6.91 7.79
Net profit margin 1.75% 2.64% 3.99% 4.89%
Net change in cash -69.91M 144.12M -200.88M
Cash on hand 277.08M 346.99M 202.87M 403.75M
Cost of revenue 4.24B 4.17B 4.35B 4.27B

Financial data from Dillard's earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
17 Mar 20 Matheny Drue Common Class A Buy Aquire P 37.43 200 7.49K 350
4 Mar 20 Dillard William T Ii Common Class A Gift Dispose G 0 550 0 1,075,834
4 Feb 20 Annemarie Jazic Common Class A Grant Aquire A 60.77 1 60.77 38,921
4 Feb 20 Denise Alexandra Lucie Common Class A Grant Aquire A 60.77 3 182.31 37,460
4 Feb 20 James D Stockman Common Class A Grant Aquire A 60.77 26 1.58K 32,969
31 Jan 20 Annemarie Jazic Common Class A Grant Aquire A 63.9 216 13.8K 38,920
31 Jan 20 Denise Alexandra Lucie Common Class A Grant Aquire A 63.9 222 14.19K 37,457
31 Jan 20 James D Stockman Common Class A Grant Aquire A 63.9 324 20.7K 32,943
13F holders
Current Prev Q Change
Total holders 183 186 -1.6%
Opened positions 27 32 -15.6%
Closed positions 30 29 +3.4%
Increased positions 41 41
Reduced positions 81 78 +3.8%
13F shares
Current Prev Q Change
Total value 3.43B 2.97B +15.4%
Total shares 21.59M 22.52M -4.1%
Total puts 1.04M 1.45M -28.5%
Total calls 947.2K 993.86K -4.7%
Total put/call ratio 1.1 1.5 -24.9%
Largest owners
Shares Value Change
Newport Trust 7.18M $527.27M -0.5%
Southeastern Asset Management 2.04M $149.78M 0.0%
Dimensional Fund Advisors 1.56M $114.48M -1.3%
BLK BlackRock 1.33M $97.41M -4.1%
Contrarius Investment Management 1.16M $85.09M -26.6%
LSV Asset Management 1.1M $81.1M -4.3%
Vanguard 908.91K $66.79M +0.1%
Aqr Capital Management 868.46K $63.82M -2.5%
BK Bank Of New York Mellon 459.17K $33.74M -17.4%
Schroder Investment Management 409.26K $30.07M +6.0%
Largest transactions
Shares Bought/sold Change
Contrarius Investment Management 1.16M -419.44K -26.6%
Norges Bank 367.52K +367.52K NEW
Greenlight Capital 0 -297.17K EXIT
Coatue Management 0 -185.88K EXIT
Bloom Tree Partners 0 -171.31K EXIT
Arrowstreet Capital, Limited Partnership 123.73K +123.73K NEW
Lancaster Investment Management 0 -122.38K EXIT
BK Bank Of New York Mellon 459.17K -97.05K -17.4%
Lombard Odier Asset Management 0 -88.5K EXIT
WINTON 76.59K +76.59K NEW

Financial report summary

?
Competition
Buckle
Risks
  • The COVID-19 pandemic and its effects on public health, our supply chain, the health and well-being of our employees and customers, and the retail industry in general could have a material adverse effect on our business, financial condition and results of operations.
  • The retail merchandise business is highly competitive, and that competition could lower our revenues, margins and market share.
  • Changes in economic, financial and political conditions, and the resulting impact on consumer confidence and consumer spending, could have an adverse effect on our business and results of operations.
  • Our business is dependent upon our ability to accurately predict rapidly changing fashion trends, customer preferences, and other fashion-related factors.
  • Our failure to protect our reputation could have an adverse effect on our business.
  • Risks associated with our private label merchandise program could adversely affect our business.
  • Fluctuations in the price of merchandise, raw materials, fuel and labor or their reduced availability could increase our cost of goods and negatively impact our financial results.
  • Third party suppliers on whom we rely to obtain materials and provide production facilities and other third parties with whom we do business may experience financial difficulties due to current and future economic conditions, which may subject them to insolvency risk or may result in their inability or unwillingness to perform the obligations they owe us.
  • We source many of our products from foreign countries, which exposes us to certain risks that include political and economic conditions.
  • Failure by third party suppliers to comply with our supplier compliance programs or applicable laws could have a material adverse effect on our business.
  • A decrease in cash flows from our operations and constraints to accessing other financing sources could limit our ability to fund our operations, capital projects, interest and debt repayments, stock repurchases and dividends.
  • Reductions in the income and cash flow from our long-term marketing and servicing alliance related to the private label credit cards could impact operating results and cash flows.
  • Our business is seasonal, and fluctuations in our revenues during the last quarter of our fiscal year can have a disproportionate effect on our results of operations.
  • A shutdown of, or disruption in, any of the Company's distribution or fulfillment centers would have an adverse effect on the Company's business and operations.
  • Current store locations may become less desirable, and desirable new locations may not be available for a reasonable price, if at all, either of which could adversely affect our results of operations.
  • Ownership and leasing of significant amounts of real estate exposes us to possible liabilities and losses.
  • A privacy breach could adversely affect our business, reputation and financial condition.
  • Litigation with customers, employees and others could harm our reputation and impact operating results.
  • Our profitability may be adversely impacted by weather conditions.
  • Natural disasters, war, acts of violence, acts of terrorism, other armed conflicts, and public health issues may adversely impact our business.
  • Increases in employee wages and the cost of employee benefits could impact the Company’s financial results and cash flows.
  • The Company depends on its ability to attract and retain quality employees, and failure to do so could adversely affect our ability to execute our business strategy and our operating results.
  • Variations in the amount of vendor allowances received could adversely impact our operating results.
  • Our operations are dependent on information technology systems, and disruptions in those systems could have an adverse impact on our results of operations.
  • The cost-to-cost method of accounting that we use to recognize contract revenues for our construction segment may result in material adjustments, which could result in a credit or a charge against our earnings.
Management Discussion
  • Comparable retail sales decreased 1% for fiscal 2019 compared to fiscal 2018. Gross profit from retail operations decreased 99 basis points of sales for fiscal 2019 compared to fiscal 2018. Consolidated gross profit for fiscal 2019 decreased 76 basis points of sales compared to fiscal 2018. Consolidated selling, general and administrative ("SG&A") expenses during fiscal 2019 increased 65 basis points of sales compared to fiscal 2018. Net income decreased to $111.1 million, or $4.38 per share, during fiscal 2019 from $170.3 million, or $6.23 per share, in the prior year.
  • Included in net income for fiscal 2019 is a pretax gain of $20.3 million ($15.8 million after tax or $0.62 per share) primarily related to the sale of six store properties. Also included is $5.1 million ($0.20 per share) in tax benefits related to amended state tax return filings and the Taxpayer Certainty and Disaster Tax Relief Act of 2019.
  • Included in net income for fiscal 2018 is $2.9 million ($0.11 per share) in tax benefits related to additional federal tax credits and an update of the provisional amounts recorded for the income tax effects of the Tax Cuts and Jobs Act of 2017.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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