The Neiman Marcus Group, Inc. announced the following preliminary Company-wide revenues:
5 weeks ended December 31, January 1, 2005 2005 % Change -------------------- -------------- ----------- Total Revenues $650 million $585 million 11.1% Comparable Revenues $631 million $581 million 8.6%
In the five-week December period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 5.3%.
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 well included women's contemporary sportswear and designer apparel, jewelry, designer handbags, beauty and men's.
Comparable revenues at Neiman Marcus Direct in the five-week December period increased 25.4%. The top selling merchandise categories in the Direct Marketing segment included jewelry, shoes, handbags, women's apparel, men's, home decor and gifts.
The company's five-week reporting period is consistent with last year and reflects a 4-5-4 week second quarter.