Neiman Marcus reports third quarter earnings

CHESTNUT HILL, Mass. (BUSINESS WIRE) — The Neiman Marcus Group, Inc. reported
diluted earnings per share of $0.80 on total revenues of $681.5 million in the
third quarter of fiscal 2001. For the 13 weeks ended April 28, 2001, total revenues
declined 0.3 percent from $683.8 million in the year-ago period. Comparable revenues
decreased by 1.4 percent. Operating earnings were $66.5 million compared to $79.8
million a year ago. Diluted net earnings per share were $0.80 on netearnings of
$38.2 million with fewer shares outstanding compared to net earnings of $45.2
million, equal to $0.94 diluted earnings per share in the prior-year period.