Nordstrom reported preliminary sales of $511.9 million for the four-week period ending October 30, 2004, an increase of 13.5 percent compared to sales of $451.2 million for the four-week period ending November 1, 2003. Same-store
sales increased 11.5 percent.
Preliminary quarter-to-date sales of $1.5 billion increased 9.4 percent
compared to 2003 quarter-to-date sales of $1.4 billion. Quarter-to-date
same-store sales increased 8.1 percent.
Preliminary year-to-date sales of $5.0 billion increased 11.5 percent
compared to sales of $4.5 billion in 2003. Year-to-date same-store sales
increased 9.1 percent.
Nordstrom will open its 94th full-line store at Dadeland Mall in Miami,
Fla. on Friday, November 12th.
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 October October QTD QTD YTD YTD (unaudited; 2004 2003 2004 2003 2004 2003 $ in millions) Total sales $511.9 $451.2 $1,542.0 $1,409.1 $5,031.0 $4,511.2 Total sales percentage change 13.5% 6.5% 9.4% 9.6% 11.5% 7.0% Same-store sales percentage change 11.5% 3.3% 8.1% 4.7% 9.1% 2.5% Number of stores Full-line 93 91 Rack and other 56 56 International Faconnable boutiques 31 31 Total 180 178 Gross square footage 19,289,000 19,011,000
GAAP SALES PERFORMANCE
The following reconciliation bridges the
year-to-date 2003 GAAP sales to the 4-5-4 comparable sales.
Dollar % Change % Change Sales YTD 2003 YTD 2004 Increase Total Sales Comp Sales Reconciliation ($M) Number of Days GAAP 274 273 GAAP Sales $4,529.4 $5,031.0 $501.6 11.1% 8.6% Less Feb. 1, 2003 sales ($18.2) -- Reported 4-5-4 sales $4,511.2 $5,031.0 $519.8 11.5% 9.1% 4-5-4 Adjusted Days 273 273