Neiman Marcus Specialty Retail Comps Jump 10.4% in December

The Neiman Marcus Group announced the following preliminary Company-wide revenues:

 
                                      5 weeks ended

                                 January 1,      January 3,
                                    2005            2004     % Change
                              ----------------- ------------ ---------

Total Revenues                  $585 million    $541 million      8.2%

Comparable Revenues             $581 million    $524 million     10.8%

Comparable revenues exclude the sales of Chef’s Catalog prior to its disposition in November 2004.

For the combined nine weeks of November and December 2004, comparable revenues increased 9.9 percent for The Neiman Marcus Group, Inc.

In the five-week December period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 10.4 percent. Stores in the Southeast and West had the strongest sales results for the month. Merchandise that sold well in the Specialty Retail Stores segment included women’s contemporary sportswear and fine apparel, designer handbags, women’s shoes, jewelry and men’s.

Comparable revenues at Neiman Marcus Direct in the five-week December period increased 14.1 percent. Top selling merchandise in the Direct Marketing segment included women’s apparel and shoes, handbags, jewelry and accessories.

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