Neiman Marcus, Inc. announced preliminary Company-wide revenues for October 2006 increased 9.9% to $351 million compared to $320 million last year. Comparable store sales increased 7.2% for the month.
| 4 weeks ended | ||||||
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October 28, |
October 29, |
% Change | ||||
| Total Revenues | $351 million | $320 million | 9.9% | |||
| Comparable Revenues | $343 million | $320 million | 7.2% | |||
|
13 weeks ended
(1st Fiscal Quarter) |
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|
October 28, |
October 29, |
|
% Change | |||
| Total Revenues | $1,058 million | $963 million | 9.9% | |||
| Comparable Revenues | $1,028 million | $963 million | 6.8% | |||
In the four-week October period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 6.5 percent. Revenue growth trends were the strongest in the Companys stores in the Southeast and West. The merchandise categories in the Specialty Retail Stores segment that performed the strongest included designer jewelry, designer handbags, womens contemporary sportswear and dresses, shoes and mens.
Comparable revenues at Neiman Marcus Direct in the four-week October period increased 12.3 percent. The top selling merchandise categories in the Direct Marketing segment included jewelry, womens apparel and shoes, handbags and mens.
Comparable revenues for Neiman Marcus, Inc. for the first quarter of fiscal year 2007 increased 6.8 percent. For the first quarter of fiscal year 2007, Specialty Retail Stores comparable revenues increased 5.4 percent. Comparable revenues for the first quarter of fiscal year 2007 compared to last year increased 4.6 percent and 10.3 percent at Neiman Marcus Stores and Bergdorf Goodman, respectively. Neiman Marcus Direct first quarter fiscal year 2007 revenues were 14.7 percent above last year.
