Dillard’s, Inc. announced that sales for the four weeks ended February 1, 2003 were $469,025,000 compared to sales for the four weeks ended February 2, 2002 of $499,194,000. Total sales decreased 6% for the four-week period. Sales in comparable stores for the four-week period decreased 5%.

Sales for the thirteen weeks ended February 1, 2003 were $2,387,891,000 compared to sales for the thirteen weeks ended February 2, 2002 of $2,533,965,000. Total sales decreased 6% for the thirteen-week period. Sales in comparable stores for the thirteen-week period decreased 5%.

Sales for the 52 weeks ended February 1, 2003 were $7,910,996,000 compared to sales for the 52 weeks ended February 2, 2002 of $8,154,911,000. Sales decreased 3% for the 52-week period on both total and comparable store basis.