Nordstrom, Inc. reported an 8.1 percent increase in same-store sales for the five-week period ended June 30, 2012 compared with the five-week period ended July 2, 2011. Preliminary total retail sales of $1.04 billion for June 2012 increased 12.6 percent compared with total retail sales of $927 million for the same period in fiscal 2011.
Quarter-to-date same-store sales increased 6.8 percent compared with the same period in fiscal 2011. Preliminary quarter-to-date total retail sales of $1.91 billion increased 11.1 percent compared with total retail sales of $1.72 billion for the same period in fiscal 2011.
Year-to-date same-store sales increased 7.8 percent compared with the same period in fiscal 2011. Preliminary year-to-date total retail sales of $4.45 billion increased 12.6 percent compared with total retail sales of $3.95 billion for the same period in fiscal 2011.
Nordstrom’s 17-day Anniversary Sale, historically our largest sale event of the year, will begin on July 20th. This year’s sale begins one week later in July this year compared with last year. As a result, one week of event sales will move to August, which is in our third quarter.
JUNE SALES RESULTS
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(unaudited; $ in millions)
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Total Retail Sales |
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Same-store Sales |
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Fiscal
2012 |
Fiscal
2011 |
Percent
Increase |
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Total
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Nordstrom |
Nordstrom
Rack |
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June |
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$1,044 |
$927 |
12.6% |
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8.1% |
8.5% |
8.2% |
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Quarter-to-date |
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$1,914 |
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$1,723 |
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11.1% |
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6.8% |
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7.4% |
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6.8% |
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Year-to-date |
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$4,449 |
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$3,952 |
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12.6% |
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7.8% |
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8.5% |
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6.8% |
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Number of stores |
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Jun-12 | Jun-11 |
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Nordstrom |
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117 |
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116 |
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Nordstrom Rack and other |
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114 |
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98 |
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Total |
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231 |
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214 |
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Gross square footage |
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24,974,000 |
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24,298,000 |
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Same-store sales exclude sales made through HauteLook, Nordstrom’s online private sale subsidiary, which was acquired in the first quarter of 2011.