The Dallas Morning News
Neiman Marcus continued its streak of quarterly sales gains and significantly lowered its loss in the recent quarter as it enters a pivotal year.
The Dallas-based luxury retailer reported a sales increase of 2.3 percent to $1.13 billion in its fiscal fourth quarter and narrowed its loss to $75 million. That compared with sales of $1.12 billion and a loss of $366 million last year, which included a charge to lower the value of the company on its books.. . . more