Nordstrom, Inc. (JWN) Q3 2010 Earnings Call Transcript November 15, 2010 4:30 pm ET Executives Rob Campbell – Treasurer and VP, IR Blake Nordstrom – President Mike Koppel – EVP and CFO Pete Nordstrom – EVP and President, Merchandising Analysts Ed Yruma – KeyBanc Jennifer Black – Jennifer Black & Associates Deborah Weinswig – Citi Lorraine Hutchinson – Bank of America/Merrill Lynch Adrianne Shapira – Goldman Sachs Liz Dunn – FBR Bob Drbul – Barclays Capital Neely Tamminga – Piper Jaffray Wayne Hood – BMO Capital Michael Exstein – Credit Suisse Richard Jaffe – Stifel David Glick – Buckingham Research Ken Stumphauzer – Sterne Agee Charles Grom – JP Morgan Dana Telsey – Telsey Advisory Group PresentationOperator
Hello and welcome to the Nordstrom 2010 third quarter conference call. At the request of Nordstrom, today’s conference is being recorded. All lines will be on a listen-only mode until the question-and-answer session. (Operator instructions) I will now introduce Rob Campbell, Treasurer and Vice President of Investor Relations for Nordstrom. You may begin, sir. Rob Campbell Good afternoon, everyone, and thank you for joining us. Today's earnings call will last approximately 45 minutes and will include about 30 minutes for your questions. As a reminder, all forward-looking statements on this call are subject to risks and uncertainties that could cause the company's actual results to differ materially from the expectations and assumptions discussed due to a variety of factors that affect the company, including the risks specified in the company's most recently filed forms 10-Q and 10-K. Participating in today's call are Blake Nordstrom, President of Nordstrom, Inc., and Mike Koppel, Executive Vice President and Chief Financial Officer, who will discuss the company's third quarter 2010 performance and outlook for 2010. Joining us for the Q&A are Pete Nordstrom, President of Merchandising, and Erik Nordstrom, President of Stores.