Luxury retailer Neiman Marcus is going public
Thomson Reuters
File photo of shoppers browsing at Neiman Marcus at The Plaza, King of Prussia Mall in King of Prussia
The luxury retailer filed an S-1 with the Securities and Exchange Commission after markets closed Tuesday August 4.
The IPO announcement comes less than two years after the retailer was acquired by Canadian Pension Plan Investment Board and Ares Management from another group of private equity owners, TPG Capital and Warburg Pincus.
The company reported revenue of $4.8 billion across 41 U.S. locations in 2014, also counting its Bergdorf Goodman stores.
Neiman Marcus reported a profit for the 39 weeks ending May 2, 2015, of about $48 million. The retailer said that it posted a loss of nearly $148 million for the 52-week period ending August 2, 2014.
Neiman Marcus did not identify how much stock it would sell, at what price, or on which exchange it would list. It will list under the ticker symbol "NMG."
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