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Same-store sales fall at Dallas-based luxury retailer

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

In the four-week April period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 3.6 percent. Revenue growth trends were the strongest in the Company's stores in Texas and New York City. The merchandise categories in the Specialty Retail Stores segment that performed the strongest included precious jewelry and beauty.

Comparable revenues at Neiman Marcus Direct in the four-week April period increased 7.2 percent. The top selling merchandise categories in the Direct Marketing segment included women's apparel and shoes, handbags and men's furnishings.

Comparable revenues for Neiman Marcus, Inc. for the third quarter of fiscal year 2008 decreased 2.5 percent. For the third quarter of fiscal year 2008 Specialty Retail Stores comparable revenues decreased 3.4 percent which represents a comparable revenue decrease of 4.4 percent at Neiman Marcus Stores and 3.4 percent increase at Bergdorf Goodman. Neiman Marcus Direct third quarter fiscal year 2008 revenues were 2.0 percent above last year.

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

Neiman Marcus Inc


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