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    Posts from US fashion retailer Dillard’s posted that third-quarter net income increased several-fold

    Dillard’s Inc, a US-based luxury department store chain, reported sales of $ 1,482,900 million in the third quarter, which ended October 30, 2021, compared to $ 1,814.9 million in the same period last year. It reports that it has increased to the dollar. .. Net income surged to $ 197.3 million for the quarter (Q3 2010: $ 31.9 million).

    Dillard’s Inc, a US-based luxury department store chain, reported sales of $ 1,482,900 million in the third quarter, which ended October 30, 2021, compared to $ 1,814.9 million in the same period last year. It reports that it has increased to the dollar. Net income doubled to $ 197.3 million for the quarter (Q3 2010: $ 31.9 million).

    Total retail revenue (excluding the company’s construction business) for the quarter increased from $ 994.6 million in the same period of 2020 and from $ 1,334.2 million before the pandemic to $ 1,460.2 million. Compared to the third quarter of 2007, Dillard’s sales of junior and children’s clothing, men’s apparel and accessories are significantly higher than in other categories.

    Dillard’s Inc, a US-based luxury department store chain, reported sales of $ 1,482,900 million in the third quarter, which ended October 30, 2021, compared to $ 1,814.9 million in the same period last year. It reports that it has increased to the dollar. Net income doubled to $ 197.3 million for the quarter (Q3 2010: $ 31.9 million).

    Cost of sales improved to $ 796.3 million ($ 658.7 million) and SG & A expenses increased to $ 393.2 million ($ 318.2 million) for the quarter. The consolidated gross profit margin increased significantly from 35.7% in the third quarter of 2010 to 46.2%.

    Dillard’s Inc, a US-based luxury department store chain, reported sales of $ 1,482,900 million in the third quarter, which ended October 30, 2021, compared to $ 1,814.9 million in the same period last year. It reports that it has increased to the dollar. Net income doubled to $ 197.3 million for the quarter (Q3 2010: $ 31.9 million).

    Management of American retailers said the significant improvement in gross margin was due to lower price cuts in the third quarter of 2021 due to continued strong consumer demand and improved inventory management. However, inventories were down about 1% compared to the third quarter of 2010.

    Dillard’s Inc, a US-based luxury department store chain, reported sales of $ 1,482,900 million in the third quarter, which ended October 30, 2021, compared to $ 1,814.9 million in the same period last year. It reports that it has increased to the dollar. Net income doubled to $ 197.3 million for the quarter (Q3 2010: $ 31.9 million).

    In addition, Dillard’s said in a statement that its management is monitoring ongoing supply chain issues, especially with regard to transportation delays and disruptions in the global transportation network.

    Fiber2Fashion News Desk (JL)

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    Posts from US fashion retailer Dillard’s posted that third-quarter net income increased several-fold

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    The post Posts from US fashion retailer Dillard’s posted that third-quarter net income increased several-fold appeared first on Eminetra.

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