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About Nordstrom
  Press Releases
Additional Press Releases

10-09-03

NORDSTROM REPORTS SEPTEMBER SAME-STORE SALES INCREASE OF 7.7%

09-19-03

NORDSTROM OPENS BRAND NEW STORE AT ALDERWOOD MALL

09-10-03

NORDSTROM OPENS AT SHORT PUMP TOWN CENTER

09-10-03

NORDSTROM ANNOUNCES PLANS TO OPEN AT IRVINE SPECTRUM CENTER

09-04-03

NORDSTROM REPORTS AUGUST SAME-STORE SALES INCREASE OF 3.2%

08-21-03

NORDSTROM REPORTS SECOND QUARTER EARNINGS

08-07-03

NORDSTROM REPORTS JULY SAME-STORE SALES INCREASE OF 6.1%

07-18-03

NORDSTROM ANNOUNCES 144 FILING

07-10-03

NORDSTROM REPORTS JUNE 2003 SALES

06-05-03

NORDSTROM REPORTS MAY 2003 SALES

05-20-03

Nordstrom Board of Directors Approves Quarterly Dividend of $0.10 per Share

05-19-03

NORDSTROM REPORTS FIRST QUARTER EARNINGS

05-07-03

NORDSTROM REPORTS APRIL 2003 SALES

04-28-03

NORDSTROM EXPANDS PRESENCE AT WESTFIELD SHOPPINGTOWN TOPANGA

04-09-03

NORDSTROM REPORTS MARCH 2003 SALES

03-31-03

NORDSTROM EXPECTS LOWER FIRST QUARTER EARNINGS

03-28-03

NORDSTROM CHIEF ADMINISTRATIVE OFFICER RETIRES

03-28-03

NORDSTROM OPENS AT THE GALLERIA

03-19-03

NORDSTROM SIGNS LETTER OF INTENT TO OPEN STORE AT THE GATEWAY

03-05-03

NORDSTROM REPORTS FEBRUARY 2003 SALES

02-21-03

NORDSTROM ANNOUNCES BENEFICIARIES FOR SHORT PUMP TOWN CENTER OPENING PARTY

02-20-03

NORDSTROM REPORTS FOURTH QUARTER EARNINGS INCREASE

02-18-03

Nordstrom Board of Directors Approves Quarterly Dividend of $0.10 per Share

02-05-03

Nordstrom Reports January 2003 Sales

01-13-03

"LOVE NOW" EXHIBIT AT NORDSTROM TO SHOWCASE WORK OF BLACK PHOTOGRAPHERS IN CELEBRATION OF BLACK HISTORY MONTH

01-08-03

Nordstrom Reports December 2002 Sales

01-07-03

NORDSTROM SOUTHPARK MALL PROJECT PREVIEW FOR MINORITY AND WOMEN-OWNED BUSINESSES

01-06-03

NORDSTROM TO HOST PROJECT PREVIEW FOR LOCAL MINORITY AND WOMEN-OWNED CONTRACTORS

12-06-02

Nordstrom Inc. Announces Closure Of Its Philadelphia (Franklin Mills) Nordstrom Rack Store

12-05-02

Nordstrom Inc. To Open First Nordstrom Rack Store In Florida

12-04-02

Nordstrom Reports November 2002 Sales

12-03-02

Nordstrom To Open First Free-Standing Day Spa On Chicago's Michigan Avenue In 2003

11-19-02

Nordstrom Reports Third Quarter Earnings Per Share Increase of 75%

11-18-02

Nordstrom Board of Directors Approves Quarterly Dividend of $0.10 per Share

11-12-02

Nordstrom Provides Preliminary Third Quarter Earnings

11-06-02

Nordstrom Reports October 2002 Sales

11-01-02

Nordstrom Opens at Fashion Show Las Vegas

10-28-02

Nordstrom Circle Centre Announces Addition of Design Apparel Collections

10-11-02

Nordstrom Opens at the Florida Mall

10-09-02

Nordstrom Reports September 2002 Sales

10-08-02

In-Home For The Holidays: The Nordstrom Guide to Season's Best Wardrobe and Gift Ideas

10-08-02

Nordstrom Guide To Enchanted Holiday Beauty

09-27-02

Nordstrom Opens at Village of Merrick Park

09-20-02

Nordstrom Opens First Store In Missouri

09-12-02

Nordstrom President and Chief Financial Officer Affirm the Accuracy of the Company's Financial Reports

09-04-02

Nordstrom Reports August 2002 Sales

08-20-02

Nordstrom Board of Directors Approves Quarterly Dividend of $0.10 per Share

08-14-02

Nordstrom Reports Second Quarter 2002 Results

08-07-02

Nordstrom Reports July 2002 Sales

08-05-02

Nordstrom to Open Fourth Virginia Store at Dulles Town Center on Friday, September 6

07-23-02

Façonnable S.A.S. Announces Relocation Of Manhattan Boutique To Rockefeller Center

07-16-02

Nordstrom, Inc. Names New President of Catalog and Internet Division

07-12-02

Nordstrom Fall Fashion Guide

07-12-02

Fall 2002 Beauty Update

07-10-02

Nordstrom Reports June 2002 Sales

06-10-02

NORDSTROM.com CEO and President Resign

05-21-02

Nordstrom Board of Directors Approves Quarterly Dividend of $0.09 per Share

05-15-02

Nordstrom Reports First Quarter 2002 Results

05-13-02

Nordstrom Announces First Quarter Charges

05-08-02

Nordstrom Reports April 2002 Sales

04-10-02

Nordstrom Reports March 2002 Sales

03-08-02

Nordstrom Opens First Store in North Carolina

03-06-02

Nordstrom Reports February 2002 Sales

02-26-02

Nordstrom Board of Directors Approves Quarterly Dividend of $0.09 per Share

02-21-02

Nordstrom Reports Fourth Quarter 2001 Earnings Per Share Increase of 90%

02-14-02

Nordstrom Raises Fourth Quarter Earnings Expectations

02-06-02

Nordstrom Reports January 2002 Sales

01-15-02

Nordstrom and Hispanic Magazine Present Mr. Ray Salazar with the 2001 Teacher of the Year Award

01-07-02

Nordstrom Reports December 2001 Sales

12-28-01

Nordstrom to Open Third Utah Store at University Mall

12-06-01

Nordstrom Reports November 2001 Sales

11-20-01

Nordstrom Board of Directors Approves Quarterly Dividend of $0.09 per Share

11-15-01

Nordstrom Reports Third Quarter 2001 Earnings Per Share of $0.08

11-15-01

Nordstrom Names Two New Members to Executive Team

11-15-01

Nordstrom to Open a Full-Line Store at Ward Centers

11-15-01

Nordstrom Rack Opens New Store at Dulles Town Crossing

11-06-01

Nordstrom Reports October 2001 Sales

10-09-01

Nordstrom Donates Over $1.8 Million To American Red Cross

10-08-01

Nordstrom Reports September 2001 Sales

10-09-01

Nordstrom Provides Update on Business

09-27-01

Nordstrom to Hold One-Time Unprecedented Fall Sale

09-25-01

Nordstrom to Donate a Minimum of $1 Million to the American Red Cross

09-10-01

Nordstrom Reports August 2001 Sales

08-24-01

Nordstrom Plans to Sell Interest in 1700 Seventh Avenue Building to Clise Properties

08-16-01

Nordstrom Reports Second Quarter 2001 Earnings Per Share of $0.29

08-14-01

Nordstrom Announces Nationwide Launch of Teen Gift Card

08-09-01

Nordstrom Rack Opens New Store at Creekside Town Center

08-06-01

Nordstrom Reports July 2001 Sales

07-31-01

Albert Goldberg, Façonnable Creative Director, to Resign

07-31-01

Nordstrom Rack Announces Closure of Silver Spring, MD. Store

07-19-01

Nordstrom Rack to Expand Presence in California With New Fresno Store

07-11-01

Nordstrom Rack Announces Plans to Open New Store in Ontario, California

07-09-01

Nordstrom Reports June 2001 Sales

06-06-01

Nordstrom Reports May 2001 Sales

05-18-01

Nordstrom Announces Plans to Open in Austin, Texas

05-17-01

Nordstrom Employees Donate Over 22,000 Items of Apparel to Charities In 24 States

05-17-01

Nordstrom Clothing Drive Fact Sheet

05-15-01

Nordstrom Board of Directors Approves Quarterly Dividend of $0.09 per Share

05-15-01

Nordstrom Names New Chief Financial Officer at Annual Meeting of Shareholders

05-15-01

Nordstrom Presents Exclusively Misook and J&A Shoe Company with The Partners In Excellence Award

05-11-01

Nordstrom Reports First Quarter 2001 Earnings Per Share of $0.18

05-11-01

Façonnable Announces Third Paris Boutique

05-11-01

Façonnable Announces First Dallas Boutique

05-08-01

Nordstrom Rack Announces Plans to Relocate and Expand Its Chino, California Store In 2002

05-04-01

Nordstrom Reports April 2001 Sales

04-27-01

Nordstrom and Callaway Golf to End License Agreement

04-05-01

Nordstrom Reports March 2001 Sales

03-21-01

Façonnable, S.A.S. Names President

03-06-01

Nordstrom Reports February 2001 Sales

03-01-01

Nordstrom Rack to Open First Store in San Francisco

02-22-01

Nordstrom Reports 2000 Earnings Per Share of $0.78

02-21-01

Nordstrom Cancels Plans for Louisville Store

02-21-01

Nordstrom Rack to Open in Dulles, Virginia in 2001

02-15-01

Nordstrom Rack to Open First Store in Nevada

02-06-01

Nordstrom Reports January 2001 Sales

02-05-01

Nordstrom Beauty Forecast: Lighter, Brighter

02-05-01

Nordstrom Names Spring Must-Haves

01-22-01

Nike Golf, Nordstrom Announce Agreement for Exclusive Distribution of Tiger Woods Collection

01-19-01

Nordstrom Announces Decision to Withdraw from Proposed Nashville Project as Part of Revised Real Estate Strategy

01-05-01

Nordstrom reports December 2000 sales

01-03-01

Nordstrom Announces Closure of Yakima, Wash. Store

12-19-00

Nordstrom Named to Fortune Magazine's 100 Best Companies List

12-06-00

Nordstrom Reports November 2000 Sales

12-06-00

Nordstrom.com Announces Consolidation of Catalogs

11-21-00

Nordstrom Board of Directors Approves Quarterly Dividend of $0.09 per Share

11-15-00

Nordstrom, Inc. Announces Third-Quarter Earnings

11-14-00

Nordstrom.com Enhances Customer Experience Online During Busy Holiday Season

11-13-00

Nordstrom.com Appoints Mike Smith President

11-06-00

Nordstrom Holiday Picks for a Wardrobe to Match Your Mood

11-06-00

Nordstrom Sparkles with holiday beauty options

11-06-00

Nordstrom previews great gift suggestions

11-06-00

At Nordstrom, Olive rides (well, kind of...) again

11-03-00

Nordstrom Opens First Store in State of Florida

09-27-00

Lerner Announces The Signing of Nordstrom At Dulles Center

09-27-00

Nordstrom, Inc. agrees to acquire French apparel company, Façonnable, S.A.

09-12-00

Nordstrom.com Partners with Emme

09-11-00

Nordstrom Names New President Of Full Line Store Group

09-06-00

Nordstrom, Inc. Announces Intent to Acquire French Apparel Company, Façonnable, S.A.

08-31-00

Nordstrom, Inc. Announces Senior Management Changes

08-29-00

Nordstrom.com Launches New Online Brand Boutiques Enhancing Multi-Channel Strengths

08-29-00

Nordstrom.com Delivers Website Makeover to Improve Shopping Experience for Customers

08-15-00

Nordstrom Board of Directors Approves Quarterly Dividend of $0.09 per Share

07-11-00

Nordstrom Expands Presence at Alderwood Mall

05-23-00

Nordstrom Announces Plans to Open First Store in Kentucky

05-23-00

Nordstrom Announces First Full-Line Store in Las Vegas

05-22-00

Nordstrom Reaches Agreement for Store in Houston

05-17-00

Nordstrom Announces Winners Of Its Partners In Excellence Award

05-08-00

Nordstrom Reaches Agreement for Store in Northeast Cincinnati

05-08-00

Nordstrom Announces Plans to Open Store in Minneapolis

05-08-00

Nordstrom To Build New Store at Fashion Place in Murray, Utah

05-04-00

Nordstrom Announces Plans to Open First Store in Nashville

04-27-00

NORDSTROM.com Names Chief Financial Officer

04-25-00

Nordstrom Rack Announces New Store in Chandler, Arizona

04-13-00

Nordstrom Rack to Open in Oakbrook, Illinois

04-05-00

Nordstrom Launches New Retail Cards

04-05-00

Nordstrom Hires Renowned Designer Jennifer Morla to Help Redesign Retailer's Proprietary Card

03-22-00

Nordstrom.com Customers Make Room For Shoes

03-22-00

Nordstrom to Host Job Shadow Day on March 22

03-14-00

Nordstrom Rack to Open First Store in Michigan

03-02-00

Nordstrom Establishes Federal Savings Bank

03-01-00

Nordstrom Exclusive-Branded Classiques Entier and Halogen Product Lines Now Available In Japan
    

NORDSTROM REPORTS APRIL 2003 SALES

Seattle (May 7, 2003)- Nordstrom, Inc. (NYSE: JWN) today reported preliminary sales of $439.7 million for the four-week period ending May 3, 2003, an increase of 5.2 percent compared to sales of $417.8 million for the four-week period ending May 4, 2002. Same-store sales decreased 0.3 percent for the month of April. For the combined March and April period, same-store sales decreased 1.0 percent.

For the month of April, same-store sales in full-line stores increased in the Northeast geographic region and were flat in the Northwest and Central States regions. By merchandise division, same-store sales increased in Cosmetics, Accessories, Junior Women's, and Women's Designer.

Preliminary first quarter (February - April) sales of $1,325.4 million increased 3.5 percent compared to first quarter 2002 sales of $1,280.4 million. Same-store sales decreased 1.4 percent for the quarter.

FIRST QUARTER GUIDANCE
The company now expects first quarter earnings per share to fall in the range of $0.12 to $0.15, primarily as a result of updated expectations for both gross margin and selling, general and administrative expense. Gross margin as a percentage of sales, previously anticipated to achieve moderate improvement compared to the same quarter last year, is now expected to decline, primarily as a result of below-plan sales and above-plan markdowns. Selling, general and administrative expense, previously expected to improve slightly on a percent to sales basis, is now expected to increase compared to the prior year as a result of lost leverage due to below-plan sales.

CONFERENCE CALL INFORMATION
Management will host a live conference call and webcast on May 7, 2003, beginning at 4:30pm EDT. Access to the conference call is open to the press and general public in a listen only mode. To participate, please dial 212-547-0138 ten minutes prior to the call (passcode: NORD). A telephone replay will be available for 48 hours beginning approximately two hours after the conclusion of the call by dialing 888-568-0886.

Interested parties may also access the call over the Internet by visiting the Investor Relations section of the company's corporate website at http://about.nordstrom.com/aboutus/investor/webcasts.asp. An archived version of the webcast will be available at this location for 30 days.

FUTURE REPORTING DATES
Nordstrom's financial release calendar for the next several months is provided in the table below. Please note that beginning in June 2003, monthly sales will be reported before the market opens on Retail Sales Day (Thursday) instead of after the market closes on Wednesday.

First Quarter EarningsMon., May 19, 2003
Annual MeetingTue., May 20, 2003
May Sales ReleaseThurs., June 5, 2003
June Sales ReleaseThurs., July 10, 2003
July Sales ReleaseThurs., August 7, 2003

Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 143 US stores located in 27 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 89 full-line stores, 47 Nordstrom Racks, five Façonnable boutiques, one free-standing shoe store, and one clearance store. Nordstrom also operates 24 international Façonnable boutiques, primarily in Europe. Additionally, Nordstrom serves customers through its online presence at http://www.nordstrom.com and through its direct mail catalogs.

SALES SUMMARY
(unaudited; $ in millions) Apr.
2003
Apr.
2002
QTD
2003
QTD
2002

Total sales

$439.7

$417.8

$1,325.4

$1,280.4

Total sales percentage change

5.2%

3.7%

3.5%

2.1%

Same-store sales percentage change

    Full-line stores

(0.1%)

(2.4%)

(1.3%)

(2.6%)

    Rack and other stores

(2.0%)

5.9%

(2.1%)

2.0%

    All stores

(0.3%)

(1.5%)

(1.4%)

(2.1%)

Number of stores (as of April 5, 2003)

    Full-line

89

83

    Rack and other

54

53

    International Façonnable
    boutiques

24 23

    Total

167

159

Gross square footage
(As of April 5, 2003)

18,613,000

 17,475,000

Certain statements in this news release contain "forward-looking" information (as defined in the Private Securities Litigation Reform Act of 1995) that involves risks and uncertainties, including anticipated results, store openings and distribution channels, planned capital expenditures, and trends in company operations. Actual future results and trends may differ materially from historical results or current expectations depending upon factors including, but not limited to, the company's ability to predict fashion trends, consumer apparel buying patterns, the company's ability to control costs, weather conditions, hazards of nature such as earthquakes and floods, trends in personal bankruptcies and bad debt write-offs, changes in interest rates, employee relations, the company's ability to continue its expansion plans, and the impact of economic and competitive market forces, including the impact of terrorist activity or the impact of a war on the company, its customers and the retail industry. Our SEC reports may contain other information on these and other factors that could affect our financial results and cause actual results to differ materially from any forward-looking information we may provide.

 

Investor Contact:
Stephanie Allen
Nordstrom, Inc.
(206) 303-3262

Media Contact:
Shasha Richardson
Nordstrom, Inc.
(206) 373-3038

 
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