Neiman Marcus at the Roosevelt Field Mall in Garden City, N.Y.

Neiman Marcus Group reported a net loss of $23.5 million for the first quarter ended Oct. 29 compared to $10.5 million for the same period a year ago.

Adjusted earnings before interest, taxes, depreciation and amortization was $122.9 million compared to adjusted EBITDA of $164.3 million for the year-ago quarter.

For the latest quarter, the Dallas-based luxury chain reported total revenues of $1.08 billion, representing a decrease of 7.4 percent compared to total revenues of $1.16 billion for the first quarter a year ago.

Comparable revenues fell 8 percent.

load comments
blog comments powered by Disqus