Trade Resources Company News Neiman Marcus,Inc.Reported Financial Results for The First Quarter of Fiscal Year 2013

Neiman Marcus,Inc.Reported Financial Results for The First Quarter of Fiscal Year 2013

Neiman Marcus,Inc.reported financial results for the first quarter of fiscal year 2013.For the first quarter of fiscal year 2013,the Company reported total revenues of$1.07 billion compared to$1.00 billion in the prior year.

Comparable revenues increased 5.4 percent.Operating earnings for the first quarter of fiscal year 2013 were$127.8 million compared to$122.8 million for the first quarter of fiscal year 2012.

The The Neiman Marcus Group is comprised of the Specialty Retail Stores segment and the On-line segment.The Specialty Retail Stores segment includes:Neiman Marcus Stores&Bergdorf Goodman.

The On-line segment conducts both print catalog and online operations under the Neiman Marcus,Horchow,Bergdorf Goodman and Last Call brand names.

Source: http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=118429
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Revenues up Marginally at Neiman Marcus in Q1 Fy’13