Nordstrom Same-Store Sales for October Increase 10.7 Percent
SEATTLE, Nov. 2 /PRNewswire-FirstCall/ -- Nordstrom, Inc. (NYSE: JWN) today reported preliminary sales of $622.4 million for the four-week period ending October 28, 2006, an increase of 11.9 percent compared to sales of $556.3 million for the four-week period ending October 29, 2005. Same-store sales increased 10.7 percent.
Preliminary third quarter sales of $1.87 billion increased 12.4 percent compared to sales of $1.67 billion in 2005. Third quarter same-store sales increased 10.7 percent.
Preliminary year-to-date sales of $5.93 billion increased 9.3 percent compared to sales of $5.43 billion in 2005. Year-to-date same-store sales increased 7.2 percent.
SALES RECORDING
To hear Nordstrom's prerecorded October 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
Full-
Fiscal Fiscal Percent Total line Rack
2006 2005 Increase Retail Stores Stores
October $622.4 $556.3 11.9% 10.7% 9.3% 9.2%
Third Quarter $1,871.9 $1,666.1 12.4% 10.7% 8.9% 11.6%
Year-to-date $5,929.6 $5,427.0 9.3% 7.2% 5.7% 11.3%
Number of stores
Full-line 99 97
Rack and other 57 57
International
Faconnable boutiques 35 32
Total 191 186
Gross square
footage 20,278,000 19,858,000
EXPANSION UPDATE
Nordstrom opened its newly relocated store at Westfield Topanga Mall in Canoga Park, Calif., on October 6, 2006. The 213,000 square foot, three-level store features the company's most comprehensive designer offering in the country along with brand new design concepts, amenities and services.
Nordstrom will open a new 35,000 square foot Nordstrom Rack store at Grand Plaza in San Marcos, Calif., on November 16, 2006.
FUTURE REPORTING DATES
Nordstrom's financial release calendar for the next several months is currently planned as follows:
Third Quarter Earnings Mon., Nov. 20, 2006
November Sales Release Thurs., Nov. 30, 2006
December Sales Release Thurs., Jan. 4, 2007
January Sales Release Thurs., Feb. 8, 2007
Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 156 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 99 full-line stores, 49 Nordstrom Racks, five Faconnable boutiques in the United States, one free-standing shoe store, and two clearance stores. Nordstrom also operates 35 Faconnable boutiques in Europe. In addition, Nordstrom serves customers through its online presence at http://www.nordstrom.com and through its catalogs. Nordstrom, Inc. is publicly traded on the NYSE under the symbol JWN.
CONTACT:
investors
RJ Jones
+1-206-303-3007
media
Deniz Anders
+1-206-373-3038
Both of Nordstrom, Inc.