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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 (402) 220-6036 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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