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March 30, 2015 6:54 AM ET

Multiline Retail

Company Overview of Neiman Marcus Group LTD LLC

Company Overview

Neiman Marcus Group LTD LLC, through its subsidiary, the Neiman Marcus Group, Inc., operates as a luxury retailer in the United States. The company operates through two segments, Specialty Retail Stores and Online. The Specialty Retail Stores segment offers luxury merchandise, including women’s couture and designer apparel, contemporary sportswear, handbags, fashion accessories, shoes, cosmetics, men’s clothing and furnishings, precious and designer jewelry, decorative home accessories, fine china, crystal and silver, children’s apparel, and gift items. This segment operates 41 Neiman Marcus full-line stores in the United States, and 2 Bergdorf Goodman stores on Fifth Avenue in New York City...

1618 Main Street

Dallas, TX 75201

United States

16,500 Employees

Phone:

214-743-7600

Key Executives for Neiman Marcus Group LTD LLC

Chief Executive Officer, President, Director, Chief Executive Officer of Neiman Marcus Group and President of Neiman Marcus Group
Age: 57
President, Chief Merchandising Officer, President of Neiman Marcus and Chief Merchandising Officer of Neiman Marcus
Age: 50
Chief Operating Officer, Chief Financial Officer and Executive Vice President
Age: 61
President of Neiman Marcus Stores & Online
Age: 44
President of Bergdorf Goodman
Age: 43
Compensation as of Fiscal Year 2014.

Neiman Marcus Group LTD LLC Key Developments

Neiman Marcus Group Provides CapEx Guidance for 2015

Neiman Marcus Group provided CapEx guidance for 2015. In fiscal 2015, the company expects CapEx on a gross basis to be in the range of about $285 million to $300 million. And on a net basis, approximately $255 millions to $270 million.

Neiman Marcus Group LTD LLC Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended Jan. 31, 2015

Neiman Marcus Group LTD LLC reported unaudited consolidated earnings results for the second quarter and six months ended Jan. 31, 2015. For the quarter, the company reported revenues of $1,521,824,000 compared to $1,432,793,000 in the prior year. Operating earnings were $118,795,000 against operating loss of $61,291,000 a year ago. Earnings before income taxes were $46,330,000 against loss before income taxes of $139,150,000 a year ago. Net earnings were $27,815,000 against net loss of $84,023,000 a year ago. Capital expenditures were $63 million against $33.5 million a year ago. Adjusted EBITDA was $200.3 million against $191.9 million a year ago. For the six months, the company reported revenues of $2,708,316,000 compared to $2,561,931,000 in the prior year. Operating earnings were $191,880,000 against operating loss of $29,155,000 a year ago. Earnings before income taxes were $46,805,000 against loss before income taxes of $144,329,000 a year ago. Net earnings were $28,011,000 against net loss of $97,121,000 a year ago. Capital expenditures were $119.4 million against $69.5 million a year ago. Adjusted EBITDA was $388.3 million against $385.2 million a year ago.

Neiman Marcus Group LTD LLC to Report Q2, 2015 Results on Mar 10, 2015

Neiman Marcus Group LTD LLC announced that they will report Q2, 2015 results on Mar 10, 2015

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