Dillard's reports 4Q loss

LITTLE ROCK, Ark. Dillard’s announced that net loss for the fourth quarter ended Jan. 31 was $149.3 million ($2.03 per share). Net income for the fourth quarter ended Feb. 2, 2008 was $47.3 million ($0.63 per share).

Net sales for the fourth quarter were $2.039 billion compared to net sales of $2.163 billion for the same period last year. Total merchandise sales declined 9% during the 13-week period. Merchandise sales in comparable-stores declined 8%.