By  on February 23, 2011

Reduced expenses and tightly managed inventories helped boost Dillard’s Inc.’s fourth-quarter net income 37.9 percent, the department store said late Tuesday.

For the quarter ended Jan. 29, Dillard’s registered a profit of $109.6 million, or $1.75 a diluted share, compared with income of $79.5 million, or $1.08 a share, in the year-ago quarter. Sales increased 6.6 percent to $1.91 billion, from $1.79 billion a year earlier. Analysts anticipated earnings per share of $1.38 on sales of $1.91 billion, according to Yahoo Finance.

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