By  on December 6, 2018

Neiman Marcus Group posted comp sales gains in its fiscal first quarter, but its debt continued to weigh on the bottom line.

The retailer’s first-quarter net losses widened to $28.2 million from $26.2 million a year ago, but its adjusted earnings before interest, taxes, depreciation and amortization rose to $135.3 million from $122.3 million.

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