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Neiman Marcus FY Sales +8%

Aug 4, 2011 10:56 AM   By Jeff Miller
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RAPAPORT... Neiman Marcus reported that its preliminary fiscal-year sales rose 8.4 percent year on year to $4 billion, while its comparable-store sales rose 8.1 percent. The luxury retailer closed its fiscal year on July 30, 2011, and provided these results as part of its July sales summary.

Total sales during the retailer's fourth quarter rose 11.3 percent to $920 million and same-store sales rose 11 percent.   Revenue growth trends were the strongest in the company’s stores across Texas, the West and Southeast. The best performing merchandise categories  included women’s contemporary sportswear and evening apparel, designer handbags, shoes, beauty and menswear.

Tags: fiscal, Jeff Miller, marcus, neiman, year
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