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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) May 8, 2008
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):
  o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
  o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
  o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
  o   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 May 8, 2008, Nordstrom, Inc. issued a press release announcing its preliminary April 2008 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/ Lisa G. Iglesias    
    Lisa G. Iglesias   
    Executive Vice President, General Counsel and Corporate Secretary   
 
Dated: May 8, 2008

 


 

EXHIBIT INDEX
         
EXHIBIT    
NUMBER   DESCRIPTION
       
 
  99.1    
Nordstrom April 2008 Preliminary Sales Release, dated May 8, 2008.

 

exv99w1
 

Exhibit 99.1
For Immediate Release
May 8, 2008
NORDSTROM REPORTS APRIL SALES
     SEATTLE – May 8, 2008 – Nordstrom, Inc. (NYSE: JWN) today reported preliminary sales of $600 million for the four-week period ended May 3, 2008, a decrease of 0.6 percent compared to sales of $604 million for the four-week period ended May 5, 2007. Same-store sales decreased 3.8 percent.
     Preliminary first quarter sales of $1.88 billion decreased 3.8 percent compared to sales of $1.95 billion for the same period in 2007. First quarter same-store sales decreased 6.5 percent.
     The monthly same-store sales results in April 2008 were positively impacted by the timing shift of the Easter holiday from April to March. The company’s stores were open an additional day in April 2008 when compared to April 2007.
     Nordstrom will begin its Half-Yearly Sale for Women and Kids on Wednesday, May 21, 2008, to better align with the Memorial Day Holiday shopping period, rather than Nordstrom’s traditional early June start of the semi-annual sale event. Accordingly, we expect sales results for May to be positively impacted and June to be negatively impacted by this timing shift.
Sales Recording
     To hear Nordstrom’s pre-recorded April sales message, please dial 800-891-8250. This recording will be available for one week.
                                                 
    Total Sales    
                    Percent   Same-store Sales2
APRIL SALES RESULTS   Fiscal   Fiscal   Increase/           Full-line   Rack
(unaudited; $ in millions)   2008   20071   (Decrease)   Total   Stores   Stores
April
  $ 600     $ 604       (0.6 %)     (3.8 %)     (6.8 %)     7.2 %
 
                                               
First Quarter
  $ 1,879     $ 1,954       (3.8 %)     (6.5 %)     (9.1 %)     4.6 %
 
                                               
Number of stores
                                               
Full-line
     105       98                                  
Rack and other
    54       53                                  
Façonnable boutiques3
          40                                  
 
                                               
Total
    159       191                                  
 
                                               
Gross square footage
    21,139,000       20,170,000                                  
 
1   Total sales results for fiscal 2007 include sales from the company’s international and domestic Façonnable boutiques.
 
2   Same-store sales results exclude sales from Façonnable.
 
3   On October 31, 2007, the company completed the sale of Façonnable.
Future Reporting Dates
     Nordstrom’s financial release calendar for the next three months is currently planned as follows:
     
First Quarter Earnings Release
  Thurs., May 15, 2008
May Sales Release
  Thurs., June 5, 2008
June Sales Release
  Thurs., July 10, 2008
July Sales Release
  Thurs., August 7, 2008
     Nordstrom, Inc. is one of the nation’s leading fashion specialty retailers, with 159 stores located in 28 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 105 full-line stores, 50 Nordstrom Racks, two Jeffrey boutiques, and two clearance stores. In addition, Nordstrom serves customers through its online

 


 

presence at www.nordstrom.com and through its catalogs. Nordstrom, Inc. is publicly traded on the NYSE under the symbol JWN.
Annual Meeting of Shareholders
     Nordstrom will hold its 2008 Annual Meeting of Shareholders on Tuesday, May 20, 2008, at 11:00 a.m. Pacific Daylight Time, in the Illsley Ball Nordstrom Recital Hall of Benaroya Hall in Seattle, Washington.
     
Investor Contact:
  Media Contact:
Chris Holloway, 206-303-3290
  Michael Boyd, 206-373-3038
     Certain statements in this news release contain or may suggest “forward-looking” information (as defined in the Private Securities Litigation Reform Act of 1995) that involves risks and uncertainties. The company’s SEC reports, including its Form 10-K for the fiscal year ended February 2, 2008, contain factors that could affect the company’s financial results and cause actual results to differ materially from any forward-looking information the company may provide. The company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances.