Dillard’s, Inc. announced that sales for the five weeks ended July 5, 2003 were $635,748,000 compared to sales for the five weeks ended July 6, 2002 of $685,644,000. Total sales decreased 7%. Sales in comparable stores decreased 6% for the five-week period.

Sales for the 22 weeks ended July 5, 2003 were $2,986,303,000 compared to sales for the 22 weeks ended July 6, 2002 of $3,173,277,000. Total sales decreased 6% for the 22-week period. Comparable store sales for the same period decreased 5%.