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Dillard’s profit surges 85%

BY Katherine Boccaccio

Little Rock, Ark. — Dillard’s Inc. reported Friday that profit for the quarter ended Oct. 29 soared a record 85% to $26.6 million, compared with $14.4 million in the year-ago period. Strong comps and contained expenses propelled the strong performance.

Revenue rose to $1.38 billion, from $1.34 billion, beating Wall Street’s expected $1.36 billion in sales. Same-store sales increased 5%.

“This record-setting third quarter performance further solidifies our confidence in our strategy as we enter the holiday season,” said Dillard’s CEO William T. Dillard, II.

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Body Central Corp. profit doubles in Q3, on track to open 33 new stores

BY Katherine Boccaccio

Jacksonville, Fla. — Body Central Corp., which operates under the Body Central and Body Shop banners, reported Friday that net income for the third quarter more than doubled to $2.8 million, from $1.3 million a year earlier.

Total revenue rose 18% to $67.1 million, compared with $56.9 million a year ago. Results were boosted by a 21.2% increase in store sales. Same-store sales rose 8.2%.

The company opened five new stores during the third quarter and is on track to open 33 new stores in 2011.

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Nordstrom Q3 profits climb 6.7%

BY Katherine Boccaccio

Seattle — Nordstrom Inc. reported Thursday that profit for the quarter ended Oct. 29 rose 6.7% to $127 million, compared with $119 million in the year-ago period.

Net sales rose 14.2% to $2.4 billion, surpassing Wall Street’s expected $2.35 billion and up from $2.1 billion a year earlier. Same-store sales climbed 7.9%.

The company opened two full-line department stores – in Nashville and St. Louis — and nine Nordstrom Rack stores during the quarter.

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