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Neiman Marcus alters revenue & financial guidance

07
Jul '06

Specialty retail stores The Neiman Marcus Group Inc announced the following preliminary Company-wide revenues In the five-week June period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 6.1 percent. Revenue growth trends were the strongest in the Company's stores in the Southeast and West.

The merchandise categories in the Specialty Retail Stores segment that performed the strongest included women's contemporary sportswear and fine apparel, designer handbags, women's and men's shoes and jewelry.

Comparable revenues at Neiman Marcus Direct in the five-week June period increased 15.7 percent. The top selling merchandise categories in the Direct Marketing segment included jewelry, women's apparel, accessories and men's.

The Company's five-week reporting period is consistent with last year and reflects a 4-5-4 week fourth quarter.

The Neiman Marcus Group operations include the Specialty Retail Stores segment and the Direct Marketing segment. The Specialty Retail Stores segment consists primarily of Neiman Marcus and Bergdorf Goodman stores. The Direct Marketing segment conducts both print catalog and online operations under the Neiman Marcus, Horchow and Bergdorf Goodman brand names.

Neiman Marcus Group Inc

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