Neiman Marcus, Inc.Reports September Revenues

http://www.businesswire.com/news/home/20091008005158/en

DALLAS--(Business Wire)--
Neiman Marcus, Inc. announced the following preliminary company-wide revenues
for September 2009.

5 weeks ended
October 3, October 4, % Change

2009
2008

Total Revenues $354 million $415 million (14.8%)

Comparable Revenues $344 million $414 million (16.9%)

In the five-week September period, comparable revenues in the Specialty Retail
Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman,
decreased 17.6 percent. Comparable revenues at Neiman Marcus Direct in the
five-week September period decreased 13.6 percent. Performance was the weakest
in the home and jewelry categories.

From a liquidity standpoint, the Company ended the month of September with
approximately $330 million of cash and had no borrowings outstanding under its
$600 million asset-based revolving credit facility.

The Company`s five week reporting period is consistent with last year and
reflects a 4-5-4 week first quarter.

Neiman Marcus, Inc. operations include the Specialty Retail Stores segment and
the Direct Marketing segment. The Specialty Retail Stores segment consists
primarily of Neiman Marcus and Bergdorf Goodman stores. The Direct Marketing
segment conducts both online and print catalog operations under the Neiman
Marcus, Horchow and Bergdorf Goodman brand names. Information about the Company
can be accessed at www.neimanmarcusgroup.com.

From time to time, the Company may make statements that predict or forecast
future events or results, depend on future events for their accuracy or
otherwise contain "forward-looking information." These statements are made based
on management's expectations and beliefs concerning future events and are not
guarantees of future performance.

The Company cautions readers that actual results may differ materially as a
result of various factors, some of which are beyond its control, including but
not limited to: political or economic conditions; terrorist activities in the
United States and elsewhere; disruptions in business at the Company`s stores,
distribution centers or offices; changes in consumer confidence resulting in a
reduction of discretionary spending on goods; changes in demographic or retail
environments; changes in consumer preferences or fashion trends; competitive
responses to the Company`s marketing, merchandising and promotional efforts;
changes in the Company`s relationships with key customers; delays in the receipt
of merchandise; seasonality of the retail business; adverse weather conditions,
particularly during peak selling seasons; delays in anticipated store openings
or renovations; natural disasters; significant increases in paper, printing and
postage costs; litigation that may have an adverse effect on the Company`s
financial results or reputation; changes in the Company`s relationships with
designers, vendors and other sources of merchandise; the Company`s success in
enforcing its intellectual property rights; the effects of incurring a
substantial amount of indebtedness under the Company`s senior secured credit
facilities, senior notes and senior subordinated notes and of complying with the
related covenants and conditions; the financial viability of the Company`s
designers, vendors and other sources of merchandise; the design and
implementation of new information systems or enhancement of existing systems;
changes in foreign currency exchange rates or inflation rates; impact of funding
requirements related to the Company`s noncontributory defined benefit pension
plan; changes in the Company`s relationships with certain of key sales
associates; changes in key management personnel; changes in the Company`s
proprietary credit card arrangement that adversely impact its ability to provide
consumer credit; or changes in government or regulatory requirements increasing
the Company`s cost of operations.

These and other factors that may adversely effect the Company`s future
performance or financial condition are contained in its Annual Report in Form
10-K and other reports filed with and available from the Securities and Exchange
Commission. The Company undertakes no obligation to update or revise any
forward-looking statements to reflect subsequent events, new information or
future circumstances.

Neiman Marcus, Inc.
James E. Skinner, 214-757-2954
Executive Vice President and
Chief Financial Officer
or
Stacie Shirley, 214-757-2967
Vice President - Finance and
Treasurer

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