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Article: Neiman Marcus Group net jumps; sportswear strong at BG Men. (Bergdorf Goodman) (Brief Article)
- Article from:
- Daily News Record
- Article date:
- February 17, 1994
CopyrightCOPYRIGHT 1994 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHESTNIT HILL, Mass. (FNS)--The Neiman Marcus Group, Inc., reported earnings jumped 37.9 percent in the second quarter ended Jan. 29, propelled by a strong performance at Neiman Marcus stores and a solid performance by Bergdorf Goodman.
Earnings rose to $14.3 million, or 37 cents a share, from $10.3 million, or 27 cents, a year earlier. Sales gained 5.4 percent, to $650.7 million from $617.2 million, with same-store sales ahead 5.1 percent.
Designer sportswear, costs and accessories were top sellers at both Neiman Marcus stores and Bergdorf Goodman, a spokesman said. Men's sportswear sold well at Bergdorf Goodman Men.
Robert J. Tarr, Jr., ...