Nordstrom reported preliminary sales of $667.6 million for the four-week period ending November 27, 2004, an increase of 6.2% compared to sales of $628.4 million for the four-week period ending November 29, 2003. Same-store
sales increased 3.1%.
Preliminary year-to-date sales of $5.7 billion increased 10.9 percent
compared to sales of $5.1 billion in 2003. Year-to-date same-store sales
increased 8.4 percent.
SALES RECORDING
To hear Nordstrom’s prerecorded November sales message, please dial
402-220-6036. This recording will be available for one week.
SALES SUMMARY November November YTD YTD
(unaudited; $ in millions) 2004 2003 2004 2003
Total sales $667.6 $628.4 $5,698.6 $5,139.7
Total sales percentage change 6.2% 10.1% 10.9% 7.4%
Same-store sales
percentage change 3.1% 7.3% 8.4% 3.0%
Number of stores
Full-line 94 92
Rack and other 56 56
International Faconnable
boutiques 31 31
Total 181 179
Gross square footage 19,439,000 19,138,000
GAAP SALES PERFORMANCE
The additional information provided in this section is to comply with the
Securities and Exchange Commission’s Regulation G. The Company converted to a
4-5-4 Retail Calendar at the beginning of 2003. Year-to-date results for 2003
include one more day than the year-to-date for 2004. The Company believes
that adjusting for this difference provides a more comparable basis from which
to evaluate sales performance. The following reconciliation bridges the
year-to-date 2003 GAAP sales to the 4-5-4 comparable sales.
% Change % Change
Sales YTD YTD Dollar Total Comp
Reconciliation ($M) 2003 2004 Increase Sales SalesNumber of Days GAAP 302 301
GAAP Sales $5,157.9 $5,698.6 $540.7 10.5% 7.9%
Less Feb. 1, 2003
sales ($18.2) --
Reported 4-5-4 sales $5,139.7 $5,698.6 $558.9 10.9% 8.4%
4-5-4 Adjusted Days 301 301
