Comparable revenues at Neiman Marcus go up 21.4% in July

05 Aug '05

3 min read

The Company currently expects earnings per share to range from $0.47 to $0.52 for the fourth quarter of fiscal year 2005 which excludes the impact of recording certain transaction costs related to the pending sale of the Company to an investment group consisting of Texas Pacific Group and Warburg Pincus LLC and an expected gain related to the sale of the Company's private label credit card account portfolio to HSBC Retail Services. The Company currently expects comparable store revenues for the first quarter of its fiscal year 2006 to increase in the range of 4 percent to 6 percent compared to the first quarter of fiscal year 2005 comparable store revenues of 11.4 percent.
Nation's leading department store's merchandiser The Neiman Marcus Group Inc 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. They have stayed true to the principles of our founders - to be recognized as the premier luxury retailer dedicated to providing our customers with distinctive merchandise and superior service.

The company has stayed true to the principles of our founders -to be recognized as the premier luxury retailer dedicated to providing our customers with distinctive merchandise andsuperior service.

The Neiman Marcus Group is comprised of the Specialty Retail stores division - which includes Neiman Marcus Stores and Bergdorf Goodman - and the Direct Marketing division, Neiman Marcus Direct.

These renowned retailers offer upscale assortments of apparel, accessories, jewelry, beauty and decorative home products to the affluent consumer.

The Neiman Marcus Group Inc

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