e8vk
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) April 10, 2008
NORDSTROM, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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WASHINGTON
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001-15059
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91-0515058 |
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(STATE OR OTHER JURISDICTION
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(COMMISSION FILE
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(I.R.S. EMPLOYER |
OF INCORPORATION)
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NUMBER)
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IDENTIFICATION NO.) |
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1617 SIXTH AVENUE, SEATTLE, WASHINGTON
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98101 |
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
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(ZIP CODE) |
REGISTRANTS 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):
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Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)) |
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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 April 10, 2008, Nordstrom, Inc. issued a press release announcing
its preliminary March 2008 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.
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NORDSTROM, INC.
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By: |
/s/ Lisa G. Iglesias
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Lisa G. Iglesias |
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Executive Vice President,
General Counsel and Corporate
Secretary |
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Dated: April 10, 2008
EXHIBIT INDEX
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EXHIBIT |
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NUMBER |
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DESCRIPTION |
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99.1
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Nordstrom March 2008 Preliminary Sales Release, dated
April 10, 2008. |
exv99w1
Exhibit 99.1
For Immediate Release
April 10, 2008
NORDSTROM REPORTS MARCH SALES
SEATTLE April 10, 2008 Nordstrom, Inc. (NYSE: JWN) today reported preliminary sales of
$750 million for the five-week period ended April 5, 2008, a decrease of 6.7 percent compared to
sales of $803 million for the five-week period ended April 7, 2007. Same-store sales decreased 9.1
percent.
Preliminary quarter-to-date sales of $1.28 billion decreased 5.3 percent compared to sales of
$1.35 billion in 2007. Quarter-to-date same-store sales decreased 7.8 percent.
The monthly same-store sales results in March were negatively impacted by the timing shift of
the Easter holiday from April into March as all stores were closed on Easter. Going forward, April
same-store sales results are expected to be positively impacted by this shift.
Sales Recording
To hear Nordstroms pre-recorded March sales message, please dial 800-891-8250. This
recording will be available for one week.
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MARCH SALES RESULTS |
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Total Sales |
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Same-store Sales2 |
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(unaudited; $ in millions) |
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Percent |
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Fiscal |
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Fiscal |
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Increase/ |
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Full-line |
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Rack |
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2008 |
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20071 |
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(Decrease) |
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Total |
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Stores |
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Stores |
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March |
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$750 |
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$803 |
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(6.7 |
%) |
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(9.1 |
%) |
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(11.4 |
%) |
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1.7 |
% |
Quarter-to-date |
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$1,279 |
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$1,350 |
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(5.3 |
%) |
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(7.8 |
%) |
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(10.1 |
%) |
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3.5 |
% |
Number of stores |
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Full-line |
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104 |
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98 |
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Rack and other |
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54 |
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53 |
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Façonnable boutiques3 |
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40 |
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Total |
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158 |
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191 |
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Gross square footage |
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21,017,000 |
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20,170,000 |
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1 |
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Total sales results for fiscal 2007 include sales from the companys international and
domestic Façonnable boutiques. |
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Same-store sales results exclude sales from Façonnable. |
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On October 31, 2007, the company completed the sale of Façonnable. |
Expansion Update
The company plans to open a full-line store at The Mall at Partridge Creek in Clinton
Township, Mich., on April 18, 2008.
Future Reporting Dates
Nordstroms financial release calendar for the next three months is currently planned as
follows:
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April Sales Release
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Thurs., May 8, 2008 |
First Quarter Earnings Release
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Thurs., May 15, 2008 |
May Sales Release
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Thurs., June 5, 2008 |
June Sales Release
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Thurs., July 10, 2008 |
Nordstrom, Inc. is one of the nations leading fashion specialty retailers, with 158 stores
located in 28 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 104
full-line stores, 50 Nordstrom Racks,
two Jeffrey boutiques, and two clearance stores. In addition, Nordstrom serves customers through
its online presence at www.nordstrom.com and through its catalogs. Nordstrom, Inc. is publicly
traded on the NYSE under the symbol JWN.
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Investor Contact:
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Media Contact: |
Chris Holloway, 206-303-3290
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Michael Boyd, 206-373-3038 |
Certain statements in this news release contain or may suggest forward-looking information
(as defined in the Private Securities Litigation Reform Act of 1995) that involves risks and
uncertainties. The companys SEC reports, including its Form 10-K for the fiscal year ended
February 2, 2008, contain factors that could affect the companys financial results and cause
actual results to differ materially from any forward-looking information the company may provide.
The company undertakes no obligation to update or revise any forward-looking statements to reflect
subsequent events, new information or future circumstances.