Nordstrom May Same-Store Sales Increase 7.4 Percent
SEATTLE, June 2 /PRNewswire-FirstCall/ -- Nordstrom, Inc. (NYSE: JWN) today reported preliminary sales of $545.5 million for the four-week period ending May 28, 2005, an increase of 9.3 percent compared to sales of $499.1 million for the four-week period ending May 29, 2004. Same-store sales increased 7.4 percent(1).
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Preliminary year-to-date sales of $2.2 billion increased 8.1 percent compared to sales of $2.0 billion in 2004. Year-to-date same-store sales increased 6.5 percent.
SALES RECORDING
To hear Nordstrom's prerecorded May sales message, please dial 402-220-6036. This recording will be available for one week.
SALES SUMMARY (unaudited; $ in millions) Total Sales Same-store Sales(1) Full- Fiscal Fiscal Percent Total line Rack 2005 2004 Increase Retail Stores Stores May $545.5 $499.1 9.3% 7.4% 5.8% 16.2% Year-to-date $2,200.0 $2,034.6 8.1% 6.5% 4.9% 17.2% Number of stores Full-line 95 93 Rack and other 56 56 International Faconnable boutiques 32 31 Total 183 180 Gross square footage 19,553,000 19,289,000 FUTURE REPORTING DATES
Nordstrom's financial release calendar for the next several months is currently planned as follows:
June Sales Release Thurs., July 7, 2005 July Sales Release Thurs., Aug. 4, 2005 Second Quarter Earnings Tues., Aug 16, 2005 August Sales Release Thurs., Sept. 1, 2005
Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 151 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 95 full-line stores, 49 Nordstrom Racks, five Faconnable boutiques, one free-standing shoe store, and one clearance store. Nordstrom also operates 32 international Faconnable boutiques in Europe. Additionally, Nordstrom serves customers through its online presence at http://www.nordstrom.com and through its direct mail catalogs.
Investor Contact:
Stephanie Allen, 206-303-3262
Media Contact:
Deniz Anders, 206-373-3038
(1) Effective February 2005, Nordstrom Direct sales, which include catalog and Internet, are included in Total Retail same-store sales. To serve as a basis for comparison, as this was not the case last year, a presentation of 2004 monthly, quarterly and full-year same-store sales that includes Nordstrom Direct is available on the Investor Relations homepage of our website under Recent Reports.
SOURCE
Nordstrom, Inc.
06/02/2005
CONTACT:
investors,
Stephanie Allen, 1-206-303-3262,
or
media,
Deniz
Anders, 1-206-373-3038,
both of Nordstrom, Inc.
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Web site: http://www.nordstrom.com