Dillard's Q1 earnings jump 53% on $104M litigation settlement; comp sales turn positive

Filed June 5, 2026 · Period ending May 2, 2026 · Compared to 10-Q Jun 6, 2025 · ~1 min read

Key Changes

• high

  Net income rose to $250.6M ($16.04/share) from $163.8M ($10.39/share), driven by a one-time $104.1M settlement from credit card interchange fee litigation that added $5.10/share to earnings.

  MD&A: Litigation Settlement verify on EDGAR →
• high

  Comparable store sales reversed from a 1% decline to a 3% increase year-over-year, while retail gross margin improved 30 basis points to 45.8%, signaling strengthening consumer demand.

  MD&A: Sales & Margins verify on EDGAR →
• high

  Operating cash flow jumped $131M to $364M, though $104M came from the settlement. Cash position strengthened to $1.16B, up $258M year-over-year, with $96M debt maturity due July 2026.

  MD&A: Liquidity verify on EDGAR →