Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

February 10, 2016 12:02 PM ET

Multiline Retail

Company Overview of Neiman Marcus Group, Inc.

Company Overview

Neiman Marcus Group, Inc., through its subsidiaries, operates as an omni-channel luxury fashion retailer primarily in the United States. It provides women’s couture and designer apparel, contemporary sportswear, men’s clothing and accessories, children’s apparel, handbags, shoes, cosmetics, and precious and designer jewelry; and decorative home accessories, fine China products, crystal and silver products, and gift items under the Neiman Marcus, Bergdorf Goodman, and MyTheresa brand names. The company also offers off-price fashion products catering to price-sensitive customers under the Last Call brand; fashion products catering to younger customers focused on contemporary styles under the C...

1618 Main Street

One Marcus Square

Dallas, TX 75201

United States

15,100 Employees



Key Executives for Neiman Marcus Group, Inc.

Chief Executive Officer, President and Director
Age: 58
President and Chief Merchandising Officer
Age: 51
Chief Financial Officer, Chief Operating Officer and Executive Vice President
Age: 53
President of Bergdorf Goodman and President of NMG International
Age: 44
President of Neiman Marcus Stores and Online
Age: 45
Compensation as of Fiscal Year 2015.

Neiman Marcus Group, Inc. Key Developments

Neiman Marcus Group, Inc., Q1 2016 Earnings Call, Dec 14, 2015

Neiman Marcus Group, Inc., Q1 2016 Earnings Call, Dec 14, 2015

Neiman Marcus Group Ltd LLC Reports Unaudited Consolidated Earnings Results for the First Quarter Ended October 31, 2015; Provides Capex Guidance for the Fiscal Year 2016

Neiman Marcus Group LTD LLC reported unaudited consolidated earnings results for the first quarter ended October 31, 2015. For the first quarter, the Company reported total revenue of $1.16 billion, representing a decrease of 1.8% compared to total revenue of $1.19 billion for the first quarter of fiscal year 2015. During this same period, comparable revenues decreased 5.6% and the Company reported a net loss of $10.5 million compared to net earnings of $0.2 million for the first quarter of fiscal year 2015. Adjusted EBITDA for the first quarter of fiscal year 2016 was $164.3 million compared to Adjusted EBITDA of $194.3 million for the first quarter of fiscal year 2015. EBITDA was $139.7 million compared to EBITDA of $166.1 million a year ago. Operating earnings were $54,818,000 against $73,085,000 a year ago. Loss before income taxes was $16,867,000 against earnings of $475,000 a year ago. Gross capital expenditures were $75.0 million against $56.4 million a year ago. Net CapEx was $64 million compared to $55 million for the same period last year. For fiscal 2016, the company currently expects gross capital expenditures to be in the range of $320 million to $350 million, and on a net basis, approximately $270 million to $300 million.

Neiman Marcus Cuts 500 Jobs in Reshuffling; to Open Store in Long Island

Neiman Marcus laid off 500 employees on October 1, 2015, or about 3% of its workforce of 16,000, as it tries to cut costs to pay for new stores and acquisitions. The cuts include about 157 people in Dallas, where the luxury retailer is headquartered and employs about 4,800 people. The layoffs targeted both longtime and new employees. The cuts also included people who recently won top in-house awards. The company announced that store under construction in Long Island will open in February. Two more locations have been announced: Fort Worth in 2017 and Hudson Yards in Manhattan in 2018. The Fort Worth store will replace one of the company's oldest stores: the Ridgmar Mall location, built in 1977.

Similar Private Companies By Industry

Company Name Region
New Horizons Of Yonkers Inc United States
NSC Wholesale Holdings, LLC United States
Mariposa Merger Sub LLC United States
Gramex Retail Stores Inc. United States
Saks Incorporated United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Neiman Marcus Group, Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at