SEATTLE, Sept. 4 /PRNewswire-FirstCall/ -- Nordstrom, Inc. (NYSE: JWN)
today reported preliminary sales of $558 million for the four-week period
ended August 30, 2008, a decrease of 4.2 percent compared to sales of $582
million for the four-week period ended September 1, 2007. Same-store sales
decreased 7.9 percent.
Preliminary year-to-date sales of $4.72 billion decreased 4.1 percent
compared to sales of $4.93 billion for the same period in 2007. Year-to-date
same-store sales decreased 6.4 percent.
Sales Recording
To hear Nordstrom's pre-recorded August sales message, please dial
800-891-8250 or 402-220-6036. This recording will be available for one week.
AUGUST SALES RESULTS
(unaudited; $ in millions)
Total Sales Same-store Sales(2)
----------- ----------------
Percent
Fiscal Fiscal Increase/ Full-line Rack
2008 2007(1) (Decrease) Total Stores Stores
------------------------------ ----------------------
August $558 $582 (4.2%) (7.9%) (12.5%) 7.6%
Year-to-date $4,724 $4,926 (4.1%) (6.4%) (9.4%) 5.7%
Number of stores
as of August
Full-line 105 98
Rack and other 54 55
Faconnable
boutiques(3) - 4
--- ---
Total 159 157
=== ===
Gross square
footage 21,139,000 20,091,000
(1) Total sales results for fiscal 2007 include sales from the company's
international and domestic Faconnable boutiques.
(2) Same-store sales results exclude sales from Faconnable.
(3) On August 31, 2007, Nordstrom completed the sale of its international
and wholesale Faconnable business. Nordstrom completed the sale of
its four U.S.