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Bears for Neiman Marcus.(Neiman Marcus Group Inc. earnings report)(Company Business and Marketing)(Company Earnings)(Brief Article)(Statistical Data Included)
Neiman Marcus Group Inc. (NMGA, Nasdaq, 12-month range $20.00 - $41.01) is the leading luxury apparel retailer in the United States. It operates 32 department stores, including the exclusive Bergdorf Goodman Main and Men's stores in New York City, and a direct-to-consumer business, which consists of the Neiman Marcus, Horchow and Chef's catalogs and an e-commerce business.
The company recently reported fiscal 2001 second-quarter earnings of $39.9 million, or 84 cents per share, vs. $41.3 million,, or 84 cents per share, in the year-earlier period. Fewer shares were outstanding in the recent comparable quarter. For the same period, revenues were up to $900.8 million …
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