-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Pmi6im+YRs27VbC99l/r9D0/1AMu46EM+Auq5eBdtOMCa28Bu/n3rjKRzwQSxBoy /W7o1nUIzhz1dvo6DSUHFA== 0001157523-09-008491.txt : 20091209 0001157523-09-008491.hdr.sgml : 20091209 20091209081513 ACCESSION NUMBER: 0001157523-09-008491 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20091209 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20091209 DATE AS OF CHANGE: 20091209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Neiman Marcus, Inc. CENTRAL INDEX KEY: 0001358651 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 203509435 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-133184-12 FILM NUMBER: 091229985 BUSINESS ADDRESS: STREET 1: 1618 MAIN STREET CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-743-7600 MAIL ADDRESS: STREET 1: 1618 MAIN STREET CITY: DALLAS STATE: TX ZIP: 75201 8-K 1 a6116740.htm NEIMAN MARCUS, INC. 8-K


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


Form 8-K

CURRENT REPORT


Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report December 9, 2009
Date of earliest event reported December 9, 2009


Commission file no. 333-133184-12


Neiman Marcus, Inc.
(Exact name of registrant as specified in its charter)

Delaware

 

20-3509435

(State or other jurisdiction of
incorporation or organization)

(I.R.S. Employer

Identification No.)


1618 Main Street
Dallas, Texas

 

75201

(Address of principal executive offices)

(Zip code)


Registrant’s telephone number, including area code: (214) 743-7600



Not Applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




ITEM 2.02.         RESULTS OF OPERATIONS AND FINANCIAL CONDITION

ITEM 7.01.          REGULATION FD DISCLOSURE

The following information is being furnished, not filed, pursuant to Items 2.02 and 7.01. Accordingly, this information will not be incorporated by reference into any registration statement filed by Neiman Marcus, Inc. under the Securities Act of 1933, as amended, unless specifically identified as being incorporated therein by reference.

On December 9, 2009, Neiman Marcus, Inc. issued a press release announcing its revised November 2008 and December 2008 revenues and revised percentage change in revenues for November 2009. A copy of the press release is attached hereto as Exhibit 99.1.



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.


NEIMAN MARCUS, INC.

 
 

 

Date: December 9, 2009 By:

/s/ T. Dale Stapleton

 
 

T. Dale Stapleton

Vice President and Controller

(principal accounting officer

of the registrant)

EX-99.1 2 a6116740ex991.htm EXHIBIT 99.1

Exhibit 99.1

Neiman Marcus, Inc. Reports Revised November 2008 and December 2008 Revenues and Revised Percentage Change in Revenues for November 2009

DALLAS--(BUSINESS WIRE)--December 9, 2009--Neiman Marcus, Inc. announced the following revised company-wide revenues for November 2008 and December 2008. These revisions are a result of a mechanical error in the calculation of the estimated sales returns for the Company’s Direct Marketing segment, Neiman Marcus Direct, for November 2008. This error resulted in an understatement of the revenues from the Direct Marketing segment in November 2008 and an overstatement of Direct Marketing segment revenues in December 2008. The net impact of this error had no effect on revenues for the second quarter of fiscal year 2009. Adjusted revenues for November and December 2008 are as follows:

   
4 weeks ended

November 29,

2008

 

November 24,

2007

% Change

 
Total Revenues $332 million $360 million (8.0 %)
 
Comparable Revenues $325 million $360 million (9.7 %)

   
5 weeks ended

January 3,

2009

 

December 29,

2007

% Change

 
Total Revenues $525 million $723 million (27.4 %)
 
Comparable Revenues $516 million $723 million (28.6 %)
 

The revised percentage change in comparable revenues for the Direct Marketing segment was an increase of 0.3 percent for the four-week November 2008 period and a decrease of 15.7 percent for the five-week December 2008 period. Comparable revenues for the Specialty Retail Stores segment for November 2008 and December 2008 are unchanged from the previously reported results.

As a result of the revised revenues in November 2008 noted above, the November 2009 total and comparable revenue percentage changes for Neiman Marcus, Inc. are also revised. In addition, the November 2009 total revenue percentage change for the Direct Marketing segment is revised. The revised percentage change in total revenues and comparable revenues at Neiman Marcus, Inc. are a decrease of 8.1 percent and 9.7 percent, respectively. The revised percentage change in total revenues for the Direct Marketing segment is an increase of 3.3 percent. The percentage change in comparable revenues for the four-week November 2009 period for the Specialty Retail Stores segment is unchanged from the previously reported decrease of 12.7 percent.


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.

CONTACT:
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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