AddThis

Revenues, earnings soar at Neiman Marcus

DALLAS — Neiman Marcus reported total revenues of $1.06 billion for the third quarter compared with $983.8 million in the prior year. Comparable revenues increased 6.7%. Operating earnings for the third quarter of fiscal year 2012 were $146.6 million compared with $123.2 million for the third quarter of fiscal year 2011, an increase of 19%.

The company reported net earnings of $62.6 million for the third quarter compared with $46.2 million in the prior year, an increase of 35%.

For the 39 weeks ended April 28, the company reported total revenues of $3.34 billion compared with $3.08 billion in the prior year. Comparable revenues increased 7.9%. The company recorded operating earnings for the 39 weeks of $378.1 million compared with $312.3 million for the comparable period a year ago, an increase of 21%.

The Company reported net earnings of $151.1 million for the 39 weeks compared with $93 million in the prior year, an increase of 63%.