Dillard’s Q2 income up

Little Rock, Ark. -- Dillard’s reported net income for the second quarter, ended July 28, of $31.0 million, up from $17.6 million in the year-ago period. Total merchandise sales rose 2% in the quarter to $1.456 billion, compared with $1.426 billion last year. Same-store sales rose 3%. Dillard’s CEO, William T. Dillard, II, stated, “Continuing on the momentum of a successful first quarter, we are proud to report a 97% increase in second quarter earnings per share. Sales were strongest in ladies’ accessories and lingerie, followed by shoes and cosmetics, the company said. Weakest performing categories were home and