UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) February 3, 2005 NORDSTROM, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) WASHINGTON 001-15059 91-0515058 (STATE OR OTHER JURISDICTION (COMMISSION FILE (I.R.S. EMPLOYER OF INCORPORATION) NUMBER) IDENTIFICATION NO.) 1617 SIXTH AVENUE, SEATTLE, WASHINGTON 98101 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (206) 628-2111 INAPPLICABLE (FORMER NAME OR FORMER ADDRESS IF CHANGED SINCE LAST REPORT) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below): ___ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ___ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ___ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ___ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 7.01 REGULATION FD DISCLOSURE On February 3, 2005, Nordstrom, Inc. issued a press release announcing its preliminary January 2005 sales. A copy of this press release is attached as Exhibit 99.1. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NORDSTROM, INC. By: /s/ Michael G. Koppel ----------------------- Michael G. Koppel Executive Vice President and Chief Financial Officer Dated: February 3, 2005 EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION 99.1 Nordstrom January 2005 Preliminary Sales Release, dated February 3, 2005.
Exhibit 99.1 For Immediate Release - --------------------- February 3, 2005 NORDSTROM JANUARY SAME-STORE SALES INCREASE 8.8 PERCENT ------------------------------------------------------- SEATTLE - February 3, 2005 - Nordstrom, Inc. (NYSE: JWN) today reported preliminary sales of $386.2 million for the four-week period ending January 29, 2005, an increase of 8.9 percent compared to sales of $354.7 million for the four-week period ending January 31, 2004. Same-store sales increased 8.8 percent. Preliminary fourth quarter sales of $2.1 billion increased 9.4 percent compared to 2003 sales of $1.9 billion for the same period. Fourth quarter same store-sales increased 7.2 percent. Preliminary full-year sales of $7.1 billion increased 10.9 percent compared to sales of $6.4 billion in 2003. Full-year same-store sales increased 8.5 percent. SALES RECORDING To hear Nordstrom's prerecorded January sales message, please dial (402) 220-6036. This recording will be available for one week. 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. Full-year results for 2003 include one more day than the full-year 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 2003 GAAP sales to the 4-5-4 comparable sales.
SALES SUMMARY (unaudited; January January Q4 Q4 FY FY $ in millions) 2005 2004 2004 2003 2004 2003 --------- --------- ---- ---- ---- ---- Total sales $386.2 $354.7 $2,100.3 $1,919.2 $7,131.3 $6,430.5 Total sales percentage change 8.9% 14.3% 9.4% 11.9% 10.9% 8.4% Same-store sales percentage change 8.8% 8.4% 7.2% 8.3% 8.5% 4.1% Number of stores Full-line 94 92 Rack and other 56 56 International Faconnable boutiques 31 31 --- --- Total 181 179 Gross square footage 19,397,000 19,138,000
Dollar % Change % Change Sales Reconciliation ($M) FY 2003 FY 2004 Increase Total Sales Comp Sales -------- -------- -------- ----------- ---------- Number of Days GAAP 365 364 GAAP Sales $6,448.7 $7,131.3 $682.6 10.6% 8.2% Less Feb. 1, 2003 sales ($18.2) -- -------- -------- Reported 4-5-4 sales $6,430.5 $7,131.3 $700.8 10.9% 8.5% ========= ========= 4-5-4 Adjusted Days 364 364 FUTURE REPORTING DATES Nordstrom's financial release calendar for the next several months is currently planned as follows: Fourth Quarter Earnings Tues., Feb. 15, 2005 February Sales Release Thurs., Mar. 3, 2005 March Sales Release Thurs., April 7, 2005 April Sales Release Thurs., May 5, 2005 Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 150 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 94 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, primarily in Europe. Additionally, Nordstrom serves customers through its online presence at http://www.nordstrom.com and through its direct mail catalogs. Investor Contact Stephanie Allen, 206-303-3262 Media Contact: Deniz Anders, 206-373-3038