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Sales growth negative at Neiman Marcus

Mar. 15, 2016 10:47 AM ETNeiman Marcus (NMG-OLD) StockNMG-OLDBy: Clark Schultz, SA News Editor1 Comment
  • Neiman Marcus (NMG-OLD) reports comparable-store sales fell 2.4% during the FQ2 period which included a good portion of the holiday selling season.
  • Total sales were down 2.3% to $1.49B.
  • Adjusted EBITDA fell 11.1% Y/Y to $183M.
  • Neiman Marcus cited lower

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