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Comparable revenues at Neiman Marcus Direct go up in March

12
Apr '08
Neiman Marcus Inc announced the following preliminary company-wide revenues for March 2008.

• March 29, 2008:
Total Revenues: $430 million
Comparable Revenues: $425 million

• March 31, 2007:
Total Revenues: $423 million
Comparable Revenues: $423 million

• Percentage Change:
Total Revenues: 1.8%
Comparable Revenues: 0.4%

In the five-week March period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 0.2 percent.

Revenue growth trends were the strongest in the Company's stores in Texas and the Southeast. The merchandise categories in the Specialty Retail Stores segment that performed the strongest included designer handbags, shoes, precious jewelry and fine apparel.

Comparable revenues at Neiman Marcus Direct in the five-week March period increased 3.4 percent. The top selling merchandise categories in the Direct Marketing segment included women's apparel and shoes.

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

Neiman Marcus Inc


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