Nordstrom, Inc. reported preliminary sales of $851.1 million for the five-week period ending July 7, 2007, an increase of 2.9% compared to sales of $827.0 million for the five-week period ending July 1, 2006. Same-store sales increased 2.0%.
Preliminary quarter-to-date sales of $1.49 billion increased 4.3% compared to sales of $1.43 billion during the same period in 2006. Quarter-to-date same-store sales increased 3.8%.
Preliminary year-to-date sales of $3.44 billion increased 7.1% compared to sales of $3.22 billion during the same period in 2006. Year-to-date same-store sales increased 6.9%.
The 53rd week in fiscal 2006 created a timing shift in the 4-5-4 calendar for fiscal 2007. The month of June in fiscal 2007 began one week later than in fiscal 2006. This timing shift negatively impacted reported sales for June 2007.
SALES SUMMARY
(unaudited; Total Sales(1) Same-store Sales(1)
$ in millions) Fiscal Fiscal Percent Total Full-line Rack
2007 2006 Increase Retail Stores Stores
June $851.1 $827.0 2.9% 2.0% 0.5% 8.7%
Quarter-to-date $1,489.0 $1,427.9 4.3% 3.8% 2.7% 8.7%
Year-to-date $3,442.8 $3,215.1 7.1% 6.9% 5.5% 10.7%
Number of stores
Full-line 98 99
Rack and other 59 57
International
Faconnable
boutiques 37 34
Total 194 190
Gross square
footage 20,194,000 20,217,000
