Neiman Marcus Inc announced the following preliminary company-wide revenues for July 2007. The Company's fifty-two week fiscal year 2007 ended on July 28, 2007.
In the four-week July period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 5.7 percent. Revenue growth trends were the strongest in the Company's stores in the Midwest, West and New York City.
The merchandise categories in the Specialty Retail Stores segment that performed the strongest included designer handbags, shoes, designer jewelry, dresses, women's fine apparel and men's.
Comparable revenues at Neiman Marcus Direct in the four-week July period increased 18.8 percent. The top selling merchandise categories in the Direct Marketing segment included shoes, handbags, jewelry, accessories, women's contemporary sportswear and men's.
Comparable revenues for Neiman Marcus Inc for the fourth quarter of fiscal year 2007 increased 7.0 percent. For the fourth quarter of fiscal year 2007, comparable revenues in the Specialty Retail Stores segment increased 6.6 percent, including a 4.9 percent increase at Neiman Marcus Stores and a 16.7 percent increase at Bergdorf Goodman. Neiman Marcus Direct fourth quarter fiscal year 2007 revenues were 9.0 percent above last year.
The Company's four-week reporting period is consistent with last year and reflects a 4-5-4 week fourth quarter.
marketing@alchempro.com
