US department store Dillard's earnings double in Q2 FY'12

During the 13 weeks ended July 28, 2012, Dillard's repurchased approximately $134.6 million of Class A Common Stock (2.1 million shares). At July 28, 2012, $115.4 million of authorization remained under the Company's share repurchase program. Total shares outstanding (Class A and Class B Common Stock) at July 28, 2012 and July 30, 2011 were 47.1 million and 54.4 million, respectively.

Store Information

During the second quarter of 2012, the Company announced the upcoming closure of its Southpark Mall location in Colonial Heights, Virginia (85,000 square feet). The store is expected to close during the third quarter of 2012. During the second quarter, Dillard's closed its Hutchinson Mall location in Hutchinson, Kansas (70,000 square feet).

At July 28, 2012, the Company operated 285 Dillard's locations and 18 clearance centers spanning 29 states and an Internet store. 

Dillard's Inc