Dillard's profits rise in Q1

LITTLE ROCK, Ark. — Dillard’s net income for the quarter ended April 28 rose to $95 million, from $76.7 million in the year-ago period, setting a company record for profit increases. Sales rose to $1.55 billion, from $1.47 billion. Same-store sales climbed 5%, the department store retailer’s seventh consecutive quarter of comp increases. Dillard’s said it saw its greatest strength in the first quarter from the central region of the United States, followed by the eastern and the western regions. Dillard's CEO, WilliamDillard, II, stated, "We are happy to report a very strong start to 2012 with our seventh