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Dillard's reports strong start in FY'12
11 May '12
4 min read
Share Repurchase
During the 13 weeks ended April 28, 2012, Dillard's repurchased approximately $27.5 million of Class A Common Stock (0.4 million shares). At April 28, 2012, $250.0 million of authorization remained under the Company's share repurchase program. Total shares outstanding (Class A and Class B Common Stock) at April 28, 2012 and April 30, 2011 were 49.1 million and 53.9 million, respectively.
Store Information
During the first quarter of 2012, the Company announced the upcoming closure of its Hutchinson Mall location in Hutchinson, Kansas (70,000 square feet). The store is expected to close during the second quarter of 2012. At April 28, 2012, the Company operated 287 Dillard's locations and 17 clearance centers spanning 29 states and an Internet store at www.dillards.com. Total square footage at April 28, 2012 was 52.5 million.
During the 13 weeks ended April 28, 2012, Dillard's repurchased approximately $27.5 million of Class A Common Stock (0.4 million shares). At April 28, 2012, $250.0 million of authorization remained under the Company's share repurchase program. Total shares outstanding (Class A and Class B Common Stock) at April 28, 2012 and April 30, 2011 were 49.1 million and 53.9 million, respectively.
Store Information
During the first quarter of 2012, the Company announced the upcoming closure of its Hutchinson Mall location in Hutchinson, Kansas (70,000 square feet). The store is expected to close during the second quarter of 2012. At April 28, 2012, the Company operated 287 Dillard's locations and 17 clearance centers spanning 29 states and an Internet store at www.dillards.com. Total square footage at April 28, 2012 was 52.5 million.
Dillard's Inc
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