Dillard's, Inc. March Sales Down 1%

Dillard's, Inc. DDS announced today that merchandise sales for the five weeks ended April 2, 2011 were $519,844,000 compared to sales for the five weeks ended April 3, 2010 of $526,858,000. Total sales decreased 1%. Sales in comparable stores decreased 1% for the five weeks ended April 2, 2011. The Company notes that Easter Sunday occurred the first day of the April fiscal month last year and will occur the fourth Sunday in April this year. Because of this calendar shift, 2011 March sales results were negatively impacted by Easter shopping activity moving from March to April. The Company will provide combined March and April sales results on May 5, 2011.