Dillards Cash Flow

Dillards has cash flowed from operations every year in the last ten years, including during the pandemic. They make money at what they do, and they seem to produce free cash flow. In each of the last 10 years, they bought at least a hundred million dollars of stock back. Sure, their revenue is flat for ten years, basically. And no, it's not going to be a long grower. But sales are steady. So very limited, or in this case, basically no downside,. You're superconfident and have a high confidence level in your judgment of what the downside is.