Neiman Marcus reported comparable store sales rose 3.3% in January. Total revenues advanced 5.6% to $290 million from $275 million.
In the four-week January period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 4.2 percent. Revenue growth trends were the strongest in the companys stores in the Midwest, Northeast and
The company shifted the timing of its end-of-season sale for certain store locations into January from February which it believes positively impacted its January comparable revenue results.
Comparable revenues at Neiman Marcus Direct in the four-week January period decreased 0.5 percent. The top selling merchandise categories in the Direct Marketing segment included womens apparel and shoes, jewelry and accessories.
In the 13 weeks ended January 26, total sales grew 6% to $1.374 billion from $1.296 billion. Comps gained 3.7%.