The New York-based influencer Lilly Sisto created a contemporary womenswear line for Dillard's.
In the third quarter ended Nov. 2, Dillard’s reported net income of $124.6 million, or $7.73 a share, down from $155.3 million, or $9.49 a share in the 13 weeks ended Oct. 28, 2023. Included in the 2023 results was a pretax gain of $4 million primarily related to the sale of a store property.sales for the third quarter were down 4 percent to $1.36 billion, down from $1.41 billion in the prior year. Comparable-store sales fell 4 percent.
For the nine months, net income fell to $379.1 million, or $23.42 per share, compared to $488.3 million, or $29.38 a share, in the prior-year period. Included in the net income figure for 2023 was a pretax gain of $6 million primarily related to the sale of two store properties. Also on Thursday, Dillard’s said it has exclusively launched the Lilly Sisto for Gianni Bini line of contemporary women’s apparel, footwear, handbags and accessories. The limited-edition capsule from New York-based influencer Sisto will be available for a limited time in Dillard’s stores and online. Gianni Bini is one of Dillard’s private brands.
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