Tearsheet

Dillard's (DDS)


Market Price (7/5/2026): $547.62 | Market Cap: $8.6 BilSector: Consumer Discretionary | Industry: Broadline Retail

Dillard's (DDS)


Market Price (7/5/2026): $547.62
Market Cap: $8.6 Bil
Sector: Consumer Discretionary
Industry: Broadline Retail

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 5.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.1%, FCF Yield is 8.8%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -10%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%

Low stock price volatility
Vol 12M is 40%

Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Direct-to-Consumer Brands, Luxury Consumer Goods, Show more.

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.7%

Key risks
DDS key risks include [1] inventory management concerns, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 5.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.1%, FCF Yield is 8.8%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -10%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%
3 Low stock price volatility
Vol 12M is 40%
4 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Direct-to-Consumer Brands, Luxury Consumer Goods, Show more.
5 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.7%
6 Key risks
DDS key risks include [1] inventory management concerns, Show more.

DDS in ETFs

Weight = DDS's share of each fund

VTI0.00%
ITOT0.00%
IWB0.00%
VIG0.01%
VYM0.01%
VB0.02%
FNDA0.10%
DFAS0.10%
+11 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/1/2026

Dillard's (DDS) stock has lost about 5% since 3/31/2026 because of the following key factors:

1. Bearish Analyst Sentiment and Price Target Revisions Dampened Investor Confidence.

Despite Dillard's reporting strong fiscal Q1 2026 results, multiple analyst ratings and price targets issued during the period indicated a lack of confidence in the stock's sustained growth. For example, UBS maintained a "Sell" rating on May 6, 2026, setting a price target of $465.00, which implied a potential downside of nearly 20% from the stock's trading price at that time. By late June 2026, the consensus among analysts suggested a "Sell" rating with a median price target of $496.00, representing a 14.2% implied downside from a stock price of $577.96. This prevailing bearish sentiment and lower price targets likely contributed to selling pressure on Dillard's shares.

2. Significant Portion of Fiscal Q1 2026 Earnings Driven by Non-Recurring Gain.

Dillard's reported net income of $250.6 million, or $16.04 per share, for fiscal Q1 2026 (ended May 2, 2026), which included a substantial pre-tax gain of $104.1 million from a litigation settlement, equating to $5.10 per share after tax. While the headline earnings per share significantly beat analyst estimates of $10.13, investors likely discounted this figure due to the non-recurring nature of the settlement. Excluding this one-time benefit, the operational earnings per share would have been approximately $10.94, raising concerns about the sustainability of future profitability without such extraordinary gains.

Show more
Updated on 7/1/2026

Dillard's (DDS) stock has lost about 5% since 3/31/2026 because of the following key factors:

1. Bearish Analyst Sentiment and Price Target Revisions Dampened Investor Confidence.

Despite Dillard's reporting strong fiscal Q1 2026 results, multiple analyst ratings and price targets issued during the period indicated a lack of confidence in the stock's sustained growth. For example, UBS maintained a "Sell" rating on May 6, 2026, setting a price target of $465.00, which implied a potential downside of nearly 20% from the stock's trading price at that time. By late June 2026, the consensus among analysts suggested a "Sell" rating with a median price target of $496.00, representing a 14.2% implied downside from a stock price of $577.96. This prevailing bearish sentiment and lower price targets likely contributed to selling pressure on Dillard's shares.

2. Significant Portion of Fiscal Q1 2026 Earnings Driven by Non-Recurring Gain.

Dillard's reported net income of $250.6 million, or $16.04 per share, for fiscal Q1 2026 (ended May 2, 2026), which included a substantial pre-tax gain of $104.1 million from a litigation settlement, equating to $5.10 per share after tax. While the headline earnings per share significantly beat analyst estimates of $10.13, investors likely discounted this figure due to the non-recurring nature of the settlement. Excluding this one-time benefit, the operational earnings per share would have been approximately $10.94, raising concerns about the sustainability of future profitability without such extraordinary gains.

3. Weakening Macroeconomic Environment and Cautious Consumer Spending.

The broader U.S. retail sector faced persistent inflationary pressures and a challenging consumer environment throughout the second quarter of 2026. Lower to middle-income consumers experienced below-average wage growth and above-average inflation, leading them to increasingly seek value and trade down in their purchases. Additionally, discretionary growth expectations for the retail sector were revised lower during this period. This general weakening in consumer sentiment and ongoing economic uncertainties likely overshadowed Dillard's reported fiscal Q1 2026 operational performance, contributing to a more conservative outlook for retail stocks and exerting downward pressure on Dillard's share price.

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Stock Movement Drivers

Fundamental Drivers

The -4.3% change in DDS stock from 3/31/2026 to 7/4/2026 was primarily driven by a -16.9% change in the company's P/E Multiple.
(LTM values as of)33120267042026Change
Stock Price ($)571.79547.21-4.3%
Change Contribution By: 
Total Revenues ($ Mil)6,5636,6050.6%
Net Income Margin (%)8.7%9.9%14.5%
P/E Multiple15.713.0-16.9%
Shares Outstanding (Mil)16160.0%
Cumulative Contribution-4.3%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/4/2026
ReturnCorrelation
DDS-4.3% 
Market (SPY)14.5%13.4%
Sector (XLY)7.5%20.4%

Fundamental Drivers

The -9.7% change in DDS stock from 12/31/2025 to 7/4/2026 was primarily driven by a -20.1% change in the company's P/E Multiple.
(LTM values as of)123120257042026Change
Stock Price ($)605.67547.21-9.7%
Change Contribution By: 
Total Revenues ($ Mil)6,6266,605-0.3%
Net Income Margin (%)8.8%9.9%13.5%
P/E Multiple16.313.0-20.1%
Shares Outstanding (Mil)16160.0%
Cumulative Contribution-9.7%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/4/2026
ReturnCorrelation
DDS-9.7% 
Market (SPY)9.5%17.4%
Sector (XLY)-1.7%18.5%

Fundamental Drivers

The 36.9% change in DDS stock from 6/30/2025 to 7/4/2026 was primarily driven by a 19.1% change in the company's P/E Multiple.
(LTM values as of)63020257042026Change
Stock Price ($)399.79547.2136.9%
Change Contribution By: 
Total Revenues ($ Mil)6,5646,6050.6%
Net Income Margin (%)8.8%9.9%13.1%
P/E Multiple10.913.019.1%
Shares Outstanding (Mil)16161.0%
Cumulative Contribution36.9%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/4/2026
ReturnCorrelation
DDS36.9% 
Market (SPY)21.6%20.2%
Sector (XLY)8.4%25.4%

Fundamental Drivers

The 96.6% change in DDS stock from 6/30/2023 to 7/4/2026 was primarily driven by a 131.5% change in the company's P/E Multiple.
(LTM values as of)63020237042026Change
Stock Price ($)278.33547.2196.6%
Change Contribution By: 
Total Revenues ($ Mil)6,9676,605-5.2%
Net Income Margin (%)12.1%9.9%-17.7%
P/E Multiple5.613.0131.5%
Shares Outstanding (Mil)17168.9%
Cumulative Contribution96.6%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2023 to 7/4/2026
ReturnCorrelation
DDS96.6% 
Market (SPY)74.0%35.1%
Sector (XLY)41.1%36.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
DDS Return306%39%32%13%47%-11%1004%
Peers Return36%-17%12%6%28%6%80%
S&P 500 Return27%-19%24%23%16%9%99%

Monthly Win Rates [3]
DDS Win Rate75%58%50%50%58%43% 
Peers Win Rate55%38%55%53%58%49% 
S&P 500 Win Rate75%42%67%75%67%43% 

Max Drawdowns [4]
DDS Max Drawdown-41%-43%-34%-30%-42%-24% 
Peers Max Drawdown-26%-47%-36%-26%-31%-23% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: M, KSS, TJX, ROST, BURL. See DDS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/2/2026 (YTD)

How Low Can It Go

EventDDSS&P 500
2025 US Tariff Shock
  % Loss-42.0%-18.8%
  % Gain to Breakeven72.5%23.1%
  Time to Breakeven111 days79 days
2024 Yen Carry Trade Unwind
  % Loss-21.6%-7.8%
  % Gain to Breakeven27.6%8.5%
  Time to Breakeven99 days18 days
2023 SVB Regional Banking Crisis
  % Loss-30.4%-6.7%
  % Gain to Breakeven43.7%7.1%
  Time to Breakeven197 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-21.0%-24.5%
  % Gain to Breakeven26.6%32.4%
  Time to Breakeven25 days427 days
2020 COVID-19 Crash
  % Loss-64.9%-33.7%
  % Gain to Breakeven184.9%50.9%
  Time to Breakeven252 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-27.8%-19.2%
  % Gain to Breakeven38.5%23.8%
  Time to Breakeven64 days105 days

Compare to M, KSS, TJX, ROST, BURL

In The Past

Dillard's's stock fell -42.0% during the 2025 US Tariff Shock. Such a loss loss requires a 72.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventDDSS&P 500
2025 US Tariff Shock
  % Loss-42.0%-18.8%
  % Gain to Breakeven72.5%23.1%
  Time to Breakeven111 days79 days
2024 Yen Carry Trade Unwind
  % Loss-21.6%-7.8%
  % Gain to Breakeven27.6%8.5%
  Time to Breakeven99 days18 days
2023 SVB Regional Banking Crisis
  % Loss-30.4%-6.7%
  % Gain to Breakeven43.7%7.1%
  Time to Breakeven197 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-21.0%-24.5%
  % Gain to Breakeven26.6%32.4%
  Time to Breakeven25 days427 days
2020 COVID-19 Crash
  % Loss-64.9%-33.7%
  % Gain to Breakeven184.9%50.9%
  Time to Breakeven252 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-27.8%-19.2%
  % Gain to Breakeven38.5%23.8%
  Time to Breakeven64 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-23.2%-3.7%
  % Gain to Breakeven30.2%3.9%
  Time to Breakeven117 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-36.7%-12.2%
  % Gain to Breakeven58.1%13.9%
  Time to Breakeven886 days62 days
2014-2016 Oil Price Collapse
  % Loss-46.2%-6.8%
  % Gain to Breakeven86.0%7.3%
  Time to Breakeven1953 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-34.6%-17.9%
  % Gain to Breakeven52.9%21.8%
  Time to Breakeven193 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-34.4%-15.4%
  % Gain to Breakeven52.3%18.2%
  Time to Breakeven134 days125 days
2008-2009 Global Financial Crisis
  % Loss-85.4%-53.4%
  % Gain to Breakeven582.9%114.4%
  Time to Breakeven390 days1085 days
Summer 2007 Credit Crunch
  % Loss-45.2%-8.6%
  % Gain to Breakeven82.4%9.5%
  Time to Breakeven1177 days47 days

Compare to M, KSS, TJX, ROST, BURL

In The Past

Dillard's's stock fell -42.0% during the 2025 US Tariff Shock. Such a loss loss requires a 72.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Dillard's (DDS)

Dillard's, Inc. (DDS) operates as a major retail company across the southeastern, southwestern, and midwestern regions of the United States. The company's primary business involves running a chain of upscale department stores, which, as of early 2022, included 280 Dillard's stores, encompassing both full-line locations and clearance centers. Its retail presence is further extended through its comprehensive internet store at dillards.com.

The core offering of Dillard's stores is a wide selection of consumer goods designed to meet the fashion and home needs of its customers. This merchandise includes a diverse range of fashion apparel for women, men, and children, complemented by accessories, cosmetics, and various home furnishings. The company targets mainstream consumers in its geographic markets, providing a curated shopping experience for their personal and household product desires.

Beyond its extensive retail operations, Dillard's also engages in general contracting construction activities. While its primary identity remains rooted in its department store chain, this ancillary business contributes to the company's overall operational scope.

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1. Macy's for the South and Midwest.

2. A regional, slightly more upscale Kohl's.

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  • Fashion Apparel: Clothing for women, men, and children sold through its department stores.
  • Accessories: Various items such as jewelry, handbags, shoes, and other adornments for personal use.
  • Cosmetics: Beauty products including makeup, skincare, and fragrances.
  • Home Furnishings: Merchandise for decorating and equipping homes, such as furniture, decor, and kitchenware.
  • Other Consumer Goods: A broad category encompassing various other retail products available in its department stores.
  • General Contracting Construction Services: Building and construction activities provided by the company as a contractor.

AI Analysis | Feedback

Dillard's (DDS) sells primarily to individual consumers rather than other companies. Based on its retail department store model, its major customer categories include:

  • General Apparel and Accessories Shoppers: This broad category includes individuals and families purchasing fashion apparel for women, men, and children, as well as accessories, footwear, handbags, jewelry, and beauty products for personal use or as everyday gifts.
  • Home Furnishings and Decor Shoppers: These customers are individuals buying items for their homes, such as bedding, bath linens, kitchenware, small home appliances, home decor, and other domestic goods.
  • Occasional and Gift Shoppers: Customers purchasing items for specific occasions, holidays, or as gifts for others. Dillard's wide range of merchandise makes it a destination for gifts across various categories, from fashion to home goods.

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William T. Dillard II, Chairman and Chief Executive Officer

William T. Dillard II is the son of Dillard's founder, William T. Dillard, and has served as Chairman and Chief Executive Officer of Dillard's, Inc. He earned a Bachelor of Business Administration from the University of Arkansas and an M.B.A. from Harvard Business School. Dillard II joined the company's board of directors in 1967, became president and chief operating officer in 1977, assumed the role of chief executive officer in 1998, and was named chairman in 2002. He has been involved in nearly every aspect of the company's operations for over 55 years and was an early adopter of technology, introducing data processing and computerizing purchase orders as early as 1973. He has also served on the boards of Acxiom Corp. since 1988 and Barnes & Noble since 1993. Under his leadership, Dillard's has navigated economic challenges and transformed its retail strategy by focusing on curated, higher-quality brands and expanding e-commerce capabilities.

Chris Johnson, Senior Vice President, Co-Principal Financial Officer

Chris Johnson serves as Senior Vice President and Co-Principal Financial Officer of Dillard's, Inc. He has been in this role since 2015.

Phillip Watts, Senior Vice President, Co-Principal Financial Officer and Principal Accounting Officer

Phillip Watts holds the titles of Senior Vice President, Co-Principal Financial Officer, and Principal Accounting Officer at Dillard's, Inc.

Alex Dillard, President and Director

Alex Dillard, the son of the founder William T. Dillard, is the President of Dillard's, Inc. He has served on the company's Board of Directors since 1975 and has over 50 years of experience in virtually every aspect of Dillard's operations and merchandising. He works closely with the CEO in the day-to-day supervision of the business.

Mike Dillard, Executive Vice President and Director

Mike Dillard, also a son of the company's founder, is an Executive Vice President of Dillard's, Inc. He has been a member of the Board of Directors since 1976 and has spent his entire professional career within the company, heading one of its largest merchandising divisions.

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Here are the key risks to Dillard's business:
  1. Intense Competition and Evolving Retail Landscape: Dillard's operates in a highly competitive retail environment, facing numerous competitors including national and local department stores, specialty retailers, off-price retailers, and online platforms like Amazon. The traditional department store model is experiencing a long-term decline, with consumers increasingly shifting towards value and digital convenience. The company's success depends on its ability to predict and respond to fashion trends and changing customer preferences, including the rapid shift towards online shopping and discount retailers.
  2. Economic Conditions and Consumer Spending: Dillard's financial performance is highly sensitive to changes in overall economic conditions that impact consumer confidence and spending, especially in the regions where it operates. Economic uncertainty and fluctuations can lead to decreased sales and profitability, as the company has faced weak consumer sentiment. The ability to pass on cost increases to customers also remains uncertain amidst economic and geopolitical factors like inflation.
  3. Slowing Sales, Profitability Concerns, and Inventory Management: Dillard's has experienced challenges with slowing earnings, limited top-line growth, and declining sales performance. Recent reports indicate a decline in comparable store sales and a projected drop in revenue by analysts. Effective inventory management is a critical weakness in the department store sector; Dillard's has shown signs of potential overstocking, which can lead to markdowns and reduced profitability.

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The aggressive expansion of online-only retailers specializing in fast fashion and direct-to-consumer (DTC) models presents a clear emerging threat to Dillard's. This includes:

  • Online Fast Fashion Giants: Companies like Shein, Temu, and Boohoo leverage highly efficient global supply chains, rapid trend replication, and sophisticated digital marketing to offer vast assortments of affordable, trendy apparel and accessories directly to consumers online. This business model fundamentally challenges Dillard's traditional retail approach by offering extreme convenience, competitive pricing, and constantly refreshed inventory at a speed and scale difficult for department stores to match, thereby shifting consumer expectations and market share.

  • Accelerated Shift to Direct-to-Consumer (DTC) by Major Brands: An increasing number of established and emerging brands across apparel, cosmetics, and home goods are investing heavily in and prioritizing their own online retail channels (and sometimes dedicated physical stores). This trend allows brands to capture higher margins, control their customer experience, and build direct relationships, effectively bypassing traditional department stores like Dillard's. This disintermediation erodes Dillard's role as a primary distribution channel, diminishes its unique product offerings and selection advantage, and can lead to reduced foot traffic and online sales.

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The addressable markets for Dillard's main products and services in the U.S. are as follows:

  • Women's Fashion Apparel: The U.S. women's apparel market was projected to be USD 291.57 billion in 2023 and is expected to reach USD 390.49 billion by 2032.
  • Men's Fashion Apparel: The U.S. menswear market is anticipated to reach USD 154.5 billion in 2025.
  • Children's Fashion Apparel: The U.S. kids' apparel market is projected to grow from USD 49.01 billion in 2025 to USD 69.76 billion by 2035.
  • Accessories: The U.S. fashion accessories market was valued at USD 223.2 billion in 2024 and is projected to reach USD 477.4 billion by 2034.
  • Cosmetics: The U.S. cosmetics market size was estimated at USD 62.97 billion in 2023.
  • Home Furnishings: The U.S. home furnishing market generated a revenue of USD 252.27 billion in 2024 and is expected to reach USD 412.14 billion by 2030.
  • General Contracting Construction: The overall U.S. construction market, which includes general contracting activities, was valued at USD 2.2 trillion in 2025.

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Expected Revenue Growth Drivers for Dillard's (DDS)

Over the next 2-3 years, Dillard's (DDS) is expected to focus on several key areas to drive or sustain future revenue growth, amidst a generally challenging retail environment:

  1. E-commerce Expansion and Omnichannel Presence: Dillard's has an opportunity to expand its e-commerce platform and enhance its omnichannel presence by investing in digital capabilities to integrate online and offline shopping experiences. This strategy aims to capture a larger share of the growing online market.
  2. Strategic Store Optimization and Targeted New Store Openings: The company plans to strategically optimize its store portfolio, which includes closing underperforming locations, remodeling existing stores, and opening new ones in high-potential markets. For instance, a new 160,000 square-foot Dillard's location is planned to open in March 2026 at The Mall at Fairfield Commons in Beavercreek, Ohio.
  3. Growth and Leverage of Clearance Centers: Dillard's operates dedicated clearance centers that have demonstrated success as a high-performing asset, appealing to value-conscious consumers. These centers experienced a 7.5% rise in traffic between January and August 2025, indicating their potential as a significant revenue contributor and a model for future expansion.
  4. Focus on High-Performing Product Categories and Improved Merchandising: While facing headwinds, Dillard's has shown strength in specific categories, such as activewear, and has achieved high retail gross margins through improved merchandising and efficient inventory control. Sustaining and expanding on these efforts in product selection and management can support revenue performance.

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Share Repurchases

  • In May 2023, Dillard's authorized a new share repurchase program for up to $500 million of its Class A Common Stock. This authorization followed the completion of its previous share repurchase program.
  • During the 39 weeks ended November 1, 2025, the company repurchased approximately 300,000 shares of Class A Common Stock for $107.8 million. As of that date, $165.2 million remained authorized under the May 2023 program.
  • The company completed a $334.79 million buyback program.

Share Issuance

  • The number of shares outstanding for Dillard's has consistently declined over the past few years, indicating share repurchases rather than issuances. Annual shares outstanding were 17.135 million in 2023, 16.23 million in 2024, and 15.904 million in 2025.

Capital Expenditures

  • Dillard's projects a capital expenditure of $130 million for 2026, aimed at enhancing growth and operational efficiency.
  • This projected capital expenditure for 2026 includes funding for projects such as a new 160,000 square foot store in Beavercreek, Ohio.
  • Actual capital expenditures were $93 million for fiscal year 2025, $132.944 million in 2024, and $120.105 million in 2023.

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Financials

DDSMKSSTJXROSTBURLMedian
NameDillard'sMacy's Kohl's TJX Comp.Ross Sto.Burlingt. 
Mkt Price547.2123.2518.19154.26213.43313.18183.84
Mkt Cap8.56.12.0170.668.119.714.1
Rev LTM6,60522,72015,46161,58423,77611,91919,090
Op Inc LTM6978794967,5482,905874876
FCF LTM7551,0461,0525,4772,6323681,049
FCF 3Y Avg6945686404,5081,992141667
CFO LTM8481,7861,3987,5993,4531,3221,592
CFO 3Y Avg7991,4001,1086,4742,7741,0341,254

Growth & Margins

DDSMKSSTJXROSTBURLMedian
NameDillard'sMacy's Kohl's TJX Comp.Ross Sto.Burlingt. 
Rev Chg LTM0.6%-0.3%-3.8%8.1%11.9%10.6%4.3%
Rev Chg 3Y Avg-1.7%-3.2%-4.8%7.0%8.1%10.2%2.6%
Rev Chg Q2.7%2.1%-2.0%9.2%20.6%14.1%6.0%
QoQ Delta Rev Chg LTM0.6%0.4%-0.4%2.0%4.5%3.0%1.3%
Op Inc Chg LTM-3.4%0.0%-5.7%20.2%11.7%19.6%5.8%
Op Inc Chg 3Y Avg-12.9%-14.7%42.1%15.4%13.9%28.4%14.6%
Op Mgn LTM10.6%3.9%3.2%12.3%12.2%7.3%8.9%
Op Mgn 3Y Avg11.6%4.2%3.4%11.4%12.1%6.7%9.0%
QoQ Delta Op Mgn LTM0.1%-0.0%-0.1%0.4%0.3%0.0%0.0%
CFO/Rev LTM12.8%7.9%9.0%12.3%14.5%11.1%11.7%
CFO/Rev 3Y Avg12.0%6.1%6.8%11.2%12.6%9.5%10.3%
FCF/Rev LTM11.4%4.6%6.8%8.9%11.1%3.1%7.8%
FCF/Rev 3Y Avg10.4%2.5%4.0%7.8%9.0%1.3%5.9%

Valuation

DDSMKSSTJXROSTBURLMedian
NameDillard'sMacy's Kohl's TJX Comp.Ross Sto.Burlingt. 
Mkt Cap8.56.12.0170.668.119.714.1
P/S1.30.30.12.82.91.61.5
P/Op Inc12.37.04.122.623.422.517.4
P/EBIT11.56.33.322.022.221.916.7
P/E13.09.27.529.529.431.521.2
P/CFO10.13.41.522.519.714.912.5
Total Yield13.4%14.1%16.1%4.5%4.2%3.2%8.9%
Dividend Yield5.7%3.2%2.7%1.1%0.8%0.0%1.9%
FCF Yield 3Y Avg9.5%12.2%36.2%3.2%3.8%0.7%6.7%
D/E0.10.83.20.10.10.30.2
Net D/E-0.10.63.00.10.00.30.2

Returns

DDSMKSSTJXROSTBURLMedian
NameDillard'sMacy's Kohl's TJX Comp.Ross Sto.Burlingt. 
1M Rtn-10.8%1.7%14.9%-2.8%-8.2%-2.7%-2.7%
3M Rtn-4.3%31.5%43.0%-4.0%-2.8%-4.7%-3.4%
6M Rtn-14.0%4.1%-13.2%0.6%17.3%5.0%2.4%
12M Rtn25.5%92.7%102.1%24.1%63.7%29.3%46.5%
3Y Rtn94.6%61.7%-7.9%89.5%98.9%94.5%92.0%
1M Excs Rtn-6.0%9.8%17.3%2.0%-2.8%-0.8%0.6%
3M Excs Rtn-18.9%15.6%28.5%-18.3%-16.6%-19.1%-17.4%
6M Excs Rtn-19.0%-1.5%-17.5%-8.6%9.6%0.2%-5.1%
12M Excs Rtn6.2%75.0%84.0%4.0%45.0%11.4%28.2%
3Y Excs Rtn22.6%-1.5%-73.1%22.9%31.1%29.3%22.8%

Financials

Segment Financials

Revenue by Segment
$ Mil20262025202420232022
Retail Operations6,2326,2196,4806,7026,375
Construction269295321214118
Service charges and other income90108122125131
Elimination of intersegment revenues-27-31-48-45 
Total6,5636,5906,8746,9966,624


Assets by Segment
$ Mil20262025202420232022
Retail Operations3,4393,4543,3783,2743,200
Construction6677715546
Total3,5053,5313,4493,3293,246


Price Behavior

Price Behavior
Market Price$547.21 
Market Cap ($ Bil)8.5 
First Trading Date06/30/1989 
Distance from 52W High-21.8% 
   50 Days200 Days
DMA Price$570.88$600.95
DMA Trendupindeterminate
Distance from DMA-4.1%-8.9%
 3M1YR
Volatility38.3%40.4%
Downside Capture73.5069.31
Upside Capture22.7281.17
Correlation (SPY)13.2%20.9%
DDS Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta-0.400.110.500.510.670.95
Up Beta-2.21-1.270.510.500.691.01
Down Beta1.440.440.160.710.500.82
Up Capture-118%6%27%16%75%103%
Bmk +ve Days11244067140429
Stock +ve Days8203161132379
Down Capture2%70%99%74%71%99%
Bmk -ve Days10172358112321
Stock -ve Days13213264120372

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with DDS
DDS27.1%40.2%0.69-
Sector ETF (XLY)8.0%18.6%0.2825.5%
Equity (SPY)21.7%12.5%1.2920.7%
Gold (GLD)23.1%27.7%0.736.1%
Commodities (DBC)21.3%18.6%0.90-6.8%
Real Estate (VNQ)13.6%13.8%0.6816.6%
Bitcoin (BTCUSD)-42.0%42.7%-1.1516.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with DDS
DDS31.0%50.2%0.72-
Sector ETF (XLY)6.6%23.9%0.2445.4%
Equity (SPY)13.3%17.1%0.6043.8%
Gold (GLD)17.9%18.3%0.792.2%
Commodities (DBC)6.9%19.5%0.2517.2%
Real Estate (VNQ)3.1%18.9%0.0635.9%
Bitcoin (BTCUSD)12.2%53.8%0.4118.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with DDS
DDS28.6%59.6%0.67-
Sector ETF (XLY)12.7%22.1%0.5340.7%
Equity (SPY)15.4%18.0%0.7339.4%
Gold (GLD)12.1%16.1%0.61-1.2%
Commodities (DBC)5.7%18.0%0.2516.1%
Real Estate (VNQ)5.5%20.7%0.2334.5%
Bitcoin (BTCUSD)59.0%66.2%0.9910.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity1.0 Mil
Short Interest: % Change Since 53120260.1%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest9.2 days
Basic Shares Quantity15.6 Mil
Short % of Basic Shares6.5%

Earnings Returns History

Updated 6/17/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/14/20260.7%3.2%5.8%
2/24/20260.7%2.7%-4.8%
11/13/2025-4.4%-10.2%2.5%
8/14/20253.4%1.6%17.7%
5/15/20252.4%3.0%0.9%
2/25/2025-4.2%-19.3%-19.6%
11/14/2024-1.4%0.2%4.2%
8/15/20241.2%-0.7%0.8%
...
SUMMARY STATS   
# Positive191717
# Negative577
Median Positive3.0%5.6%6.8%
Median Negative-1.6%-9.7%-9.0%
Max Positive22.7%26.8%59.1%
Max Negative-4.4%-19.3%-19.6%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/14/20260.7%3.2%5.8%
2/24/20260.7%2.7%-4.8%
11/13/2025-4.4%-10.2%2.5%
8/14/20253.4%1.6%17.7%
5/15/20252.4%3.0%0.9%
2/25/2025-4.2%-19.3%-19.6%
11/14/2024-1.4%0.2%4.2%
8/15/20241.2%-0.7%0.8%
5/16/20240.7%2.0%-2.0%
2/26/20240.5%-4.6%1.9%
11/9/20230.2%7.8%30.4%
8/10/2023-1.6%-9.7%-13.8%
5/11/20230.2%3.4%20.7%
2/21/20232.6%5.8%-9.0%
11/10/202210.3%13.4%3.6%
8/11/20223.0%12.7%6.8%
5/12/20223.5%-12.8%-7.7%
2/23/20227.0%17.8%21.7%
11/12/20214.2%9.7%-19.4%
8/13/20214.6%2.2%2.3%
5/13/202122.7%26.8%59.1%
2/22/2021-0.4%10.3%10.4%
11/12/20205.8%5.6%10.6%
8/13/20208.7%-4.0%29.0%
SUMMARY STATS   
# Positive191717
# Negative577
Median Positive3.0%5.6%6.8%
Median Negative-1.6%-9.7%-9.0%
Max Positive22.7%26.8%59.1%
Max Negative-4.4%-19.3%-19.6%

SEC Filings

Expand for More
Report DateFiling DateFiling
04/30/202606/05/202610-Q
01/31/202603/27/202610-K
10/31/202512/05/202510-Q
07/31/202509/05/202510-Q
04/30/202506/06/202510-Q
01/31/202503/28/202510-K
10/31/202412/06/202410-Q
07/31/202409/06/202410-Q
04/30/202406/07/202410-Q
01/31/202403/29/202410-K
10/31/202312/07/202310-Q
07/31/202309/01/202310-Q
04/30/202306/02/202310-Q
01/31/202303/27/202310-K
10/31/202212/02/202210-Q
07/31/202209/01/202210-Q
Collapse to Preview
Report DateFiling DateFiling
04/30/202606/05/202610-Q
01/31/202603/27/202610-K
10/31/202512/05/202510-Q
07/31/202509/05/202510-Q
04/30/202506/06/202510-Q
01/31/202503/28/202510-K
10/31/202412/06/202410-Q
07/31/202409/06/202410-Q
04/30/202406/07/202410-Q
01/31/202403/29/202410-K
10/31/202312/07/202310-Q
07/31/202309/01/202310-Q
04/30/202306/02/202310-Q
01/31/202303/27/202310-K
10/31/202212/02/202210-Q
07/31/202209/01/202210-Q
04/30/202206/03/202210-Q
01/31/202203/29/202210-K
10/31/202112/03/202110-Q
07/31/202109/03/202110-Q
04/30/202106/09/202110-Q
01/31/202103/29/202110-K
10/31/202012/04/202010-Q
07/31/202009/04/202010-Q
04/30/202006/05/202010-Q
01/31/202003/31/202010-K
10/31/201912/11/201910-Q
07/31/201909/11/201910-Q

Insider Activity

Updated 6/8/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Watts, J C JRDirectSell6052026609.18400243,6726,183,177Form
2Watts, J C JRDirectSell10172025594.60750445,9506,094,650Form
3Johnson, Chris BSENIOR VICE PRESIDENTDirectSell10012025617.00400246,8005,769,567Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Watts, J C JRDirectSell6052026609.18400243,6726,183,177Form
2Watts, J C JRDirectSell10172025594.60750445,9506,094,650Form
3Johnson, Chris BSENIOR VICE PRESIDENTDirectSell10012025617.00400246,8005,769,567Form
Core Cache Last Updated: 7/4/2026