10K Report

1. General Information A. The company’s corporate office is headquartered in Little Rock, Arkansas. I found this information on Dillard’s website in the non-selling location directory.(F-3) B. The fiscal year for Dillard’s ends on the last Saturday of January. This information was found in the 2010 annual report.(F3) C. The types of products and services that it sells are retail clothing and merchandise. I found this information on the company website. D. The next annual stockholder’s meeting is on the 3rd Saturday of May. So may 19th, 2012 at the corporate headquarters in Little Rock, Arkansas. This information was found on allbusiness.com 2. Report of Independent External Auditor A.

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The 2009 net profit margin for Dillard’s was 0.011. This number can be found by taking their net income for 2009 by $68531 thousand divided by the sales revenue of $6094948 thousand. The 2008 net profit margin was 0.035. This can be found by taking their net income of $241065 thousand divided by $6830543 thousand. There is not a steady trend for Dillard’s net profit margin due to the fact that the economy is not predictable as of now. One year they can have a great year as they did in 2008 but then the next year it can be bad as seen in 2009. This is a weakness due to the fact that there is no certainty and also that the economy is always changing. (13) C. The company’s gross profit percentage for 2010 is 35%. This number can be found by taking the net sales – the cost of sales divided by net sales times 100. For 2010 you would take their net sales of $6120961 thousand minus by $3976063 thousand divided by $6120961 thousand which gives you .35 which is then timed by 100. The company’s gross profit percentage for 2009 was 32%. This was computed by taking $6094948 thousand - $4102892 thousand divided by $6094948 thousand timed by 100.The Company gross profit percentage for 2008 was 29%. This was computed by taking $6830543 thousand - $4827769 thousand divided by $6830543 thousand timed by 100.There is a trend which is an increase in their gross profit percentage that can be seen due to the increase from 29% to 32% to 35% from 2008 to 2010.