Neiman Marcus Q2'FY14 comparable revenues rise 5.5%

01 Mar '14

3 min read

For the 26 weeks ended February 1, 2014, the Company reported total revenues of $2.56 billion compared to $2.43 billion in the prior year. Comparable revenues increased 5.6 percent.

The Company reported a net loss of $81.1 million for the 26 weeks ended February1, 2014 compared to net earnings of $90.1 million in the prior year.

Excluding purchase accounting and certain transaction related and other expenses, the Company’s adjusted net earnings for the 26 weeks ended February 1, 2014 were $108.5 million compared to adjusted net earnings of $110.9 million in the prior year.

EBITDA for the 26 weeks ended February 1, 2014 was $103.0 million compared to EBITDA of $342.9 million for the 26 weeks ended January 26, 2013. Excluding purchase accounting and certain transaction related and other expenses, adjusted EBITDA for the 26 weeks ended February 1, 2014 was $383.7 million compared to adjusted EBITDA of $358.3 million for the 26 weeks ended January 26, 2013.

Neiman Marcus Group

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