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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) June 5, 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 |
(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):
o Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
o 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 June 5, 2008, Nordstrom, Inc. issued a press release announcing
its preliminary May 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: June 5, 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 May 2008 Preliminary Sales Release, dated
June 5, 2008. |
exv99w1
Exhibit 99.1
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FOR IMMEDIATE RELEASE
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INVESTOR CONTACT:
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Chris Holloway |
June 5, 2008
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Nordstrom, Inc. |
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(206) 303-3290 |
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MEDIA CONTACT:
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Michael Boyd |
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Nordstrom, Inc. |
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(206) 373-3038 |
NORDSTROM REPORTS MAY SALES
SEATTLE (June 5, 2008)-Nordstrom, Inc. (NYSE: JWN) today reported preliminary sales of $716
million for the four-week period ended May 31, 2008, an increase of 12.2 percent compared to sales
of $638 million for the four-week period ended June 2, 2007. Same-store sales increased 10.9
percent which was positively impacted by the earlier start date of the Half-Yearly Sale for Women
and Kids.
The company expected May same-store sales to be 8 to 12 percent, or 1500 to 1700 basis points
above the quarterly plan of -5 to -7 percent. June same-store sales are expected to be -18 to -22
percent, or 1300 to 1500 basis points below the quarterly plan. Combining the results of May and
June will provide a more comparable view of the companys results versus last year. July sales are
anticipated to be consistent with the second quarter plan.
Preliminary year-to-date sales of $2.59 billion were approximately flat compared to sales for
the same period in 2007. Year-to-date same-store sales decreased 2.2 percent.
Sales Recording
To hear Nordstroms pre-recorded May sales message, please dial 800-891-8250 or 402-220-6036.
This recording will be available for one week.
MAY SALES RESULTS
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(unaudited; $ in millions) |
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Total Sales |
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Same-store Sales2 |
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Fiscal |
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Fiscal |
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Percent |
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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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Increase |
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Total |
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Stores |
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Stores |
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May |
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$ |
716 |
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$ |
638 |
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12.2 |
% |
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10.9 |
% |
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10.7 |
% |
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7.1 |
% |
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Year-to-date |
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$ |
2,595 |
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$ |
2,592 |
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0.1 |
% |
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(2.2 |
%) |
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(4.1 |
%) |
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5.2 |
% |
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Number of stores |
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Full-line |
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105 |
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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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41 |
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Total |
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159 |
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192 |
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Gross square footage |
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21,139,000 |
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20,174,000 |
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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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3 |
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On October 31, 2007, the company completed the sale of Façonnable. |
Future Reporting Dates
Nordstroms financial release calendar for the next three months is currently planned as
follows:
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June Sales Release
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Thurs., July 10, 2008 |
July Sales Release
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Thurs., August 7, 2008 |
Second Quarter Earnings Release
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Thurs., August 14, 2008 |
August Sales Release
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Thurs., September 4, 2008 |
Nordstrom, Inc. is one of the nations leading fashion specialty retailers, with 159 stores
located in 28 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 105
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.
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, including same store sales rates and expected July sales. 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.
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