Neiman Marcus Posts DM Earnings, Revenue Growth

Neiman Marcus Inc. posted net earnings of $59.5 million for the third quarter, an increase over net earnings of $40.5 million last year.

The Dallas company reported revenue of $1.1 billion for the quarter ended April 28, a gain over revenue of $992.3 million in the prior year.

Neiman reported direct marketing earnings of $29.8 million for the quarter, an increase over $23 million last year.

The firm posted direct marketing revenue of $165.4 million for the quarter, an increase over $152.1 million in the prior year.