Filing Flows › Dillard's (DDS) › Q1 FY26
Dillard's (DDS) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 6, 2025
Dillard's (DDS) reported revenue of $1.5B for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -25% from the quarter before. Operating margin was 13.8%, net earnings $164M (10.6% of revenue).
Dillard's, Q1 FY26: revenue $1.5B (-2% year over year), operating margin 13.8%, net earnings $164M, operating cash flow $233M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -25% | -2% |
| Gross profit | $671M | -5% | -3% |
| Operating profit | $214M | -9% | -9% |
| Net earnings | $164M | -24% | -9% |
| Operating cash flow | $233M | -36% | -5% |
| Free cash flow | $216M | -38% | +3% |
What changed
Revenue was $1.5B in Q1 FY26, down 2% year over year and down 25% from the previous quarter.
Gross margin was 43.4%, down 0.6 points from a year earlier. Operating profit was $0.21B, a 13.8% margin (down 1.1 points year over year). Operating expenses grew 0% against a revenue fall of 2%. The fastest-growing cost line was Other operating costs (+20%). Net earnings were $0.16B, down 9% year over year. The effective tax rate was 23.3%.
Operating cash flow was $0.23B (down 5% year over year), 142% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items added $0.02B. Capital expenditures of $0.02B left free cash flow of $0.22B.
Questions
What was Dillard's revenue in the first quarter fiscal 2026?
Dillard's (DDS) reported revenue of $1.5B for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -25% from the quarter before.
Was Dillard's profitable in the first quarter fiscal 2026?
Operating profit was $214M (13.8% of revenue) and net earnings $164M.
Source: Dillard's 10-Q on SEC EDGAR.