UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) March 8, 2007
NORDSTROM, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
WASHINGTON 001-15059 91-0515058
(STATE OR OTHER JURISDICTION (COMMISSION FILE (I.R.S. EMPLOYER
OF INCORPORATION) NUMBER) IDENTIFICATION NO.)
1617 SIXTH AVENUE, SEATTLE, WASHINGTON 98101
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (206) 628-2111
INAPPLICABLE
(FORMER NAME OR FORMER ADDRESS IF CHANGED SINCE LAST REPORT)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2 below):
___ Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
___ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
___ Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
___ Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 7.01 REGULATION FD DISCLOSURE
On March 8, 2007, Nordstrom, Inc. issued a press release announcing
its preliminary February 2007 sales. A copy of this press release is attached
as Exhibit 99.1.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
NORDSTROM, INC.
By: /s/ Michael G. Koppel
-----------------------
Michael G. Koppel
Chief Financial Officer and
Executive Vice President
Dated: March 8, 2007
EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
99.1 Nordstrom February 2007 Preliminary Sales Release, dated
March 8, 2007.
Exhibit 99.1
For Immediate Release
- ---------------------
March 8, 2007
NORDSTROM SAME-STORE SALES FOR FEBRUARY INCREASE 9.1 PERCENT
SEATTLE - March 8, 2007 - Nordstrom, Inc. (NYSE: JWN) today reported
preliminary sales of $546.6 million for the four-week period ending March 3,
2007, an increase of 9.5 percent compared to sales of $499.1 million for the
four-week period ending February 25, 2006. Same-store sales increased 9.1
percent.
The 53rd week in fiscal 2006 creates a timing shift in the 4-5-4 calendar
for fiscal 2007. The month of February in fiscal 2007 began and ended one
week later than in fiscal 2006. This timing shift positively impacted
reported sales results for February 2007. Throughout the remainder of the
2007 fiscal year, this timing shift is anticipated to impact the cadence of
monthly same-store sales results, because normal sales trends, events and
holiday periods are aligned differently than last year.
SALES RECORDING
To hear Nordstrom's prerecorded February sales message, please dial (402)
220-6036. This recording will be available for one week.
SALES SUMMARY Total Sales Same-store Sales
(unaudited; $ in millions) ----------- ----------------
Fiscal Fiscal Percent Total Full-line Rack
2007 2006 Increase Retail Stores Stores
------ ------ -------- ------ --------- ------
February $546.6 $499.1 9.5% 9.1% 7.2% 12.3%
Number of stores
Full-line 98 98
Rack and other 57 57
International Faconnable
boutiques 36 32
--- ---
Total 191 187
Gross square footage 20,170,000 20,070,000
FUTURE REPORTING DATES
Nordstrom's financial release calendar for the next four months is currently
planned as follows:
March Sales Release Thurs., April 12, 2007
April Sales Release Thurs., May 10, 2007
First Quarter Earnings Thurs., May 17, 2007
May Sales Release Thurs., June 7, 2007
Nordstrom, Inc. is one of the nation's leading fashion specialty
retailers, with 155 US stores located in 27 states. Founded in 1901 as a shoe
store in Seattle, today Nordstrom operates 98 full-line stores, 50 Nordstrom
Racks, four Faconnable boutiques in the United States, one free-standing shoe
store, and two clearance stores. Nordstrom also operates 36 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.
Investor Contact: Media Contact:
RJ Jones, 206-303-3007 Deniz Anders, 206-373-3038
Certain statements in this news release contain "forward-looking" information
(as defined in the Private Securities Litigation Reform Act of 1995) that
involves risks and uncertainties, including anticipated results for the
company's fiscal year ending February 2, 2008, and its first quarter, and
trends in company operations. Actual future results and trends may differ
materially from historical results or current expectations depending upon
factors including, but not limited to, the impact of economic and competitive
market forces, the impact of terrorist activity or the impact of a war on the
company, its customers and the retail industry, the company's ability to
predict fashion trends, consumer apparel buying patterns, trends in personal
bankruptcies and bad debt write-offs, changes in interest rates, employee
relations, the company's ability to continue its expansion plans, the timely
completion of construction associated with newly planned stores, changes in
government or regulatory requirements, the company's ability to control costs,
weather conditions and hazards of nature. Our SEC reports, including our Form
10-K for the fiscal year ended January 28, 2006, and our Form 10-K for the
fiscal year ended February 3, 2007, to be filed with the SEC on or about March
23, 2007, contain other information on these and other factors that could
affect our financial results and cause actual results to differ materially
from any forward-looking information we may provide. The company undertakes
no obligation to update or revise any forward-looking statements to reflect
subsequent events, new information or future circumstances.
