Nordstrom April Same-Store Sales Increase 6.9 Percent
SEATTLE, May 5 /PRNewswire-FirstCall/ -- Nordstrom, Inc. (NYSE: JWN) today reported preliminary sales of $531.7 million for the four-week period ending April 30, 2005, an increase of 8.1 percent compared to sales of $491.7 million for the four-week period ending May 1, 2004. Same-store sales increased 6.9 percent(1).
Preliminary first quarter sales of $1.7 billion increased 7.7 percent compared to 2004 first quarter sales of $1.5 billion. First quarter same-store sales increased 6.2 percent.
Sales Recording
To hear Nordstrom's prerecorded April sales message, please dial (402) 220-6036. This recording will be available for one week.
SALES SUMMARY (unaudited; Total Sales Same-store Sales(1) $ in millions) Fiscal Fiscal Percent Total Full-line Rack 2005 2004 Increase Retail Stores Stores April $531.7 $491.7 8.1% 6.9% 4.7% 19.4% First quarter $1,654.4 $1,535.5 7.7% 6.2% 4.6% 17.5% Number of stores Full-line 95 93 Rack and other 56 56 International Faconnable boutiques 31 31 Total 182 180 Gross square footage 19,550,000 19,289,000 Future Reporting Dates
Nordstrom's financial release calendar for the next several months is currently planned as follows:
First Quarter Earnings Tues., May 17, 2005
Shareholder Meeting Tues., May 24, 2005
May Sales Release Thurs., June 2, 2005
June Sales Release Thurs., July 7, 2005
July Sales Release Thurs., Aug. 4, 2005
Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 151 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 95 full-line stores, 49 Nordstrom Racks, five Faconnable boutiques, one free-standing shoe store, and one clearance store. Nordstrom also operates 31 international Faconnable boutiques in Europe. Additionally, Nordstrom serves customers through its online presence at www.nordstrom.com and through its direct mail catalogs.
(1) Effective February 2005, Nordstrom Direct sales, which include catalog and Internet, are included in Total Retail same-store sales. To serve as a basis for comparison, as this was not the case last year, a presentation of 2004 monthly, quarterly and full-year same-store sales that includes Nordstrom Direct is available on the Investor Relations homepage of our website under Recent Reports.
SOURCE Nordstrom, Inc. 05/05/2005
CONTACT: investors, Stephanie Allen, +1-206-303-3262, or media, Deniz
Anders, +1-206-373-3038, both of Nordstrom, Inc.
Web site: www.nordstrom.com