Nordstrom, Inc. reported sales rose 6.1% for the four-week period ending June 2, to $637.8 million from $600.9 million. Same-store sales increased 6.3%.
Comps grew 5.7% at full-line stores and 8.7% at Rack.
Preliminary year-to-date sales of $2.59 billion increased 8.5% compared to sales of $2.39 billion during the same period in 2006. Year-to-date same-store sales increased 8.7%.
The 53rd week in fiscal 2006 created a timing shift in the 4-5-4 calendar for fiscal 2007. The month of May in fiscal 2007 began one week later than in fiscal 2006. This timing shift negatively impacted reported sales for May 2007.
Nordstrom said its updated outlook for the 2007 second quarter same-store sales rate is for an estimated two to three percent increase. This range reflects a combination of the actual rate for May with the planned same-store sales rates for June and July.
It anticipates the month of June to be negatively impacted by the timing shift of the fiscal 2006 53rd week. When compared to the planned same-store sales rate of two to three percent for the 2007 second quarter, the monthly same-store sales rate in June is expected to be below the anticipated quarterly rate.
For the month of July, the same-store sales rate is expected to be in line with the anticipated quarterly rate.
