The Neiman Marcus Group, Inc. announced the following preliminary company-wide revenues:
4 weeks ended February 25, February 26, 2006 2005 % Change ------------- ------------- ---------- Total Revenues $291 million $275 million 5.8% Comparable Revenues $282 million $273 million 3.0%
In the four-week February period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus stores and Bergdorf Goodman, increased 3.5 percent. Revenue growth trends were the strongest in the Company's stores in the Midwest and Texas. The merchandise categories in the Specialty Retail Stores segment that performed the strongest included women's contemporary sportswear and fine apparel, designer handbags and men's.
Comparable revenues at Neiman Marcus Direct for the four-week February period increased 8.6 percent. The top selling merchandise categories in the Direct Marketing segment included jewelry, women's apparel and shoes, handbags and men's.
The Neiman Marcus Group plans to report second quarter earnings on Thursday, March 9, 2006 at 11:00 a.m. Eastern Time. The release will be followed by a conference call that will be simultaneously webcast.
The Company's four-week reporting period is consistent with last year and reflects a 4-5-4 week third quarter.