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December 07, 2006

Neiman's Q3 Earnings Plunge 50%

Earnings at Neiman Marcus plunged 50% in the third-quarter to $27.2 million. The department store chain pinned the loss on discontinued operations.

Despite the drop, revenues for the quarter ended Oct. 28 grew by 9.8% to over $1 billion.

Posted by Blacks on December 7, 2006 09:53 AM

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