|FEBRUARY SALES RESULTS|
|(unaudited; $ in millions)|
|Total Retail Sales||Same-store Sales|
|Fiscal 2012||Fiscal 2011||Percent Increase||Total||Nordstrom||Nordstrom Rack|
|Number of stores||Feb-12||Feb-11|
|Nordstrom Rack and other||108||89|
|Gross square footage||24,623,000||23,838,000|
Nordstrom, Inc. (NYSE:JWN) today reported a 10.2 percent increase in same-store sales for the four-week period ended February 25, 2012 compared with the four-week period ended February 26, 2011. Preliminary total retail sales of $704 million for February 2012 increased 16.2 percent compared with total retail sales of $606 million for the same period in fiscal 2011. February 2012 included a shift in the timing of a shoe clearance event relative to last year. It improved total February same-store sales by an estimated 200 to 250 basis points and will reduce total March same-store sales by an estimated 150 to 200 basis points. SALES RECORDING To hear Nordstrom’s pre-recorded February sales message, please dial (402) 220-6036 beginning today at 8:40 a.m. EST. This recording will be available for one week.
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.