For the quarter ended Jan. 28, the department store chain said net income rose 16% to $141.5 million, or $2.77 a share, up from $109.6 million, or $1.75 a share, a year ago. Results included an after tax credit of $28.7 million, or 56 cents a share, for the settlement of JDA Software Group lawsuit settlement, from a 20 cents a share a year ago.
Excluding the credit, net income was $112.8 million, or $2.21 a share, rising from $96.9 million, or $1.55 per share, in fourth quarter last year.
Net sales reached $1.970 billion from $1.934 billion a year ago. Comparable store sales were up 3%. Gross margin edged down slight to 34.0% compared to 34.1% in the prior year period.
2011 Profit Up 40%
“We are pleased with our progress in 2011 where we delivered a record setting performance,” said William T. Dillard II. “With strong operating cash flow, we purchased $491 million of our Class A Common Stock during the year with $99 million accomplished in the fourth quarter. In 2012, we will remain focused on creating a clearly distinctive shopping experience at Dillard’s in merchandise selection as well as in customer service.”
For the full year, Dillard’s net income was up 40% to $229.4 million, or $4.21 a share, from $163.2 million, or $2.43 a share, in the prior fiscal year. Including several one-time benefits, Dillard’s 2011 net income reached $463.9 million, or $8.52 a share.
For commercial purposes, extract supplements can be obtained from the fruit of the pericarp. Garcinia cambogia reviews is performed by a physician Chen and Oz to prove that it is an herb for weight loss, a lot of research has been done. Studies, Garcinia cambogia extract supplementation decreases the weight of the body fat accumulation, was shown to have a positive effect on prevention. We are important substances such as cholesterol (LDL), reduces the serum leptin and triglycerides. In addition, it will increase the level of serotonin and cholesterol (HDL). The study also, Garcinia cambogia extract supplements, has proven that there are no significant adverse effects on many of the eight weeks, such as its use.