Neiman Marcus Comparable Sales for April Rise Jump 14.2%

Neiman Marcus reported today (Thursday) that comparable revenues for the four weeks ended April 30, were up 14.2 percent from the corresponding period a year earlier to $307 million. Total revenues for the period rose 13.2 percent to $309 million.

For the company's third quarter, comparable revenues were up 8 percent from the corresponding period a year earlier to $928 million. Total revenues for the period rose 6.9 percent to $933 million.

In the four-week April period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 12.5 percent.

Neiman Marcus experienced the strongest sales in the Western and Southeast regions. The merchandise categories in the Specialty Retail Stores segment that performed well included women's contemporary sportswear and fine apparel, jewelry, designer handbags and accessories, women's shoes and men's clothing.

Neiman Marcus currently expects comparable store revenues for the fourth quarter of its fiscal year 2005 to increase 5 percent to 7 percent compared to last year.