Nordstrom Reports December Sales

Nordstrom, Inc. (NYSE: JWN) today reported an 8.6 percent increase in same-store sales for the five-week period ended December 29, 2012 compared with the five-week period ended December 31, 2011. Preliminary total retail sales of $1.72 billion for December 2012 increased 9.4 percent compared with total retail sales of $1.57 billion for the same period in fiscal 2011.

Quarter-to-date same-store sales increased 5.1 percent compared with the same period in fiscal 2011. Preliminary quarter-to-date total retail sales of $2.65 billion increased 6.6 percent compared with total retail sales of $2.48 billion for the same period in fiscal 2011.

Year-to-date same-store sales increased 7.0 percent compared with the same period in fiscal 2011. Preliminary year-to-date total retail sales of $10.81 billion increased 10.2 percent compared with total retail sales of $9.81 billion for the same period in fiscal 2011.

SALES RECORDING

To hear Nordstrom’s pre-recorded December sales message, please dial [phone] beginning today at 8:40 a.m. EST. This recording will be available for one week.

DECEMBER SALES RESULTS
(unaudited; $ in millions)
				Total Retail Sales										Same-store Sales
				Fiscal			Fiscal			Percent										Nordstrom
				2012			2011			Increase				Total			Nordstrom			Rack
December				$1,719			$1,571			9.4%				8.6%			8.2%			8.1%
Quarter-to-date				$2,645			$2,481			6.6%				5.1%			4.6%			6.5%
Year-to-date				$10,811			$9,809			10.2%				7.0%			7.2%			7.3%
Number of stores				Dec-12			Dec-11
Nordstrom				117			117
Nordstrom Rack and other				123			108
Total				240			225
Gross square footage				25,290,000			24,744,000

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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