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Nordstrom Reports September Sales

Nordstrom, Inc. (NYSE:JWN) today reported a 4.4 percent increase in same-store sales for the five-week period ended September 29, 2012 compared with the five-week period ended October 1, 2011. Preliminary total retail sales of $1.01 billion for September 2012 increased 7.4 percent compared with total retail sales of $943 million for the same period in fiscal 2011.

Quarter-to-date same-store sales, which reflected a shift in the timing of the Anniversary Sale event, increased 11.1 percent compared with the same period in fiscal 2011. Preliminary quarter-to-date total retail sales of $1.88 billion increased 14.9 percent compared with total retail sales of $1.63 billion for the same period in fiscal 2011.

Year-to-date same-store sales increased 7.5 percent compared with the same period in fiscal 2011. Preliminary year-to-date total retail sales of $7.33 billion increased 11.4 percent compared with total retail sales of $6.58 billion for the same period in fiscal 2011.

SALES RECORDING

To hear Nordstrom’s pre-recorded September sales message, please dial 402-220-6036 beginning today at 8:40 a.m. EDT. This recording will be available for one week.

SEPTEMBER SALES RESULTS

(unaudited; $ in millions)

       
Total Retail Sales Same-store Sales

Fiscal 2012

 

Fiscal 2011

 

Percent Increase

Total   Nordstrom  

Nordstrom Rack

September $1,012   $943   7.4% 4.4%   4.0%   6.9%
 

Quarter-to-date

$1,878 $1,634 14.9% 11.1% 11.6% 7.0%
 
Year-to-date $7,331 $6,579 11.4% 7.5% 7.9% 7.2%
 
Number of stores Sep-12   Sep-11
Nordstrom 117 117
Nordstrom Rack and other 118 105
Total 235 222
 
Gross square footage 25,113,000 24,638,000

SAME-STORE SALES

Same-store sales include sales from stores that have been open at least one full year as of the beginning of the fiscal year. Nordstrom includes sales from both full-line stores and Direct because of the integration of these two channels. Total same-store sales include accounting adjustments that are not allocated to Nordstrom and Nordstrom Rack. Same-store sales exclude sales made through HauteLook, Nordstrom’s online private sale subsidiary, which was acquired in the first quarter of 2011.

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