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Dillard's sales fall 5 percent in June
Friday, Jul 11, 2008

Arkansas News Bureau

LITTLE ROCK - Dillard's Inc. reported Thursday that June same-store sales fell to $593.3 million, down 5 percent compared to the same period last year.

Sales were down 4 percent in total stores. Company officials noted that sales of juniors' and children's apparel were "significantly below trend," for the five-week period.

So far this year, Dillard's has announced at least 10 store closings.

Shares of Dillard's (NYSE: DDS) closed Thursday at $9.35, down 46 cents for a new 52-week low.



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