Neiman Marcus 2007 Annual Report Download - page 33

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Table of Contents
Set forth in the following table is certain summary information with respect to our operations for the periods indicated.
(in millions, except sales per square foot)
Fiscal year
ended
August 2,
2008
Fiscal year
ended
July 28,
2007
Fiscal year
ended
July 29,
2006
Forty-three
weeks
ended
July 29,
2006
Nine weeks
ended
October 1,
2005
(Successor) (Successor) (Combined) (Successor) (Predecessor)
REVENUES
Specialty Retail stores $ 3,853.0 $ 3,674.6 $ 3,374.8 $ 2,829.9 $ 544.9
Direct Marketing 747.5 715.5 655.3 567.8 87.5
Total $ 4,600.5 $ 4,390.1 $ 4,030.1 $ 3,397.7 $ 632.4
OPERATING EARNINGS
Specialty Retail stores $ 476.7 $ 490.6 $ 403.7 $ 312.3 $ 91.4
Direct Marketing 117.7 116.0 98.2 90.0 8.2
Subtotal 594.4 606.6 501.9 402.3 99.6
Corporate expenses (57.0) (56.2) (55.4) (49.6) (5.8)
Amortization of customer lists and
favorable lease commitments (72.2) (72.3) (59.6) (59.6) —
Non-cash items related to other
valuation adjustments made in
connection with the Acquisition — — (34.4) (34.4) —
Other income (expense), net (1) 1.2 (1.3)(23.5)— (23.5)
Total $ 466.4 $ 476.8 $ 329.0 $ 258.7 $ 70.3
OPERATING PROFIT MARGIN
Specialty Retail stores 12.4% 13.4% 12.0% 11.0% 16.8%
Direct Marketing 15.7% 16.2% 15.0% 15.8% 9.4%
Total 10.1% 10.9% 8.2% 7.6% 11.1%
CHANGE IN COMPARABLE
REVENUES (2)
Specialty Retail stores 1.3% 6.2% 6.1% 5.4% 9.8%
Direct Marketing 3.8% 9.2% 13.3% 13.9% 9.6%
Total 1.7% 6.7% 7.3% 6.8% 9.8%
SALES PER SQUARE FOOT
Specialty Retail stores $ 634(3) $ 638 $ 611 $ 508 $ 103
STORE COUNT
Neiman Marcus and Bergdorf Goodman
stores:
Open at beginning of period 40 38 36 37 36
Opened during the period 1 2 2 1 1
Open at end of period 41 40 38 38 37
Clearance centers:
Open at beginning of period 20 18 16 17 16
Opened during the period 4 2 2 1 1
Open at end of period 24 20 18 18 17
NON-GAAP FINANCIAL DATA
EBITDA (4) $ 687.0 $ 685.6 $ 514.8 $ 425.3 $ 89.5
29