Dillard's Inc. reported sales during April slumped 10% to $429.3
million from $476.8 million a year ago. Sales in comparable stores decreased 6%
for the four-week period. Because the Easter holiday occurred in March last
year and in April of the current year, the company noted that a considerable
amount of Easter shopping activity shifted to the April fiscal month.

 

During the four weeks ended May 2, 2009, sales were above
the average total company trend in the Central region, slightly below trend in
the Eastern region and below trend in the Western region.

 

During the month, the sales performance in juniors’ and
children’s apparel was significantly better than the average total company
trend. The sales performance in the home and furniture category was
significantly below trend.

 

Sales for the thirteen weeks ended May 2, 2009 were $1.42
billion compared to sales for the thirteen weeks ended May 3, 2008 of $1.68
billion. Total sales decreased 16%. Sales in comparable stores decreased 13%
for the thirteen-week period.