Interviews
News Flash
Fashion specialty retailer Nordstrom posts Dec sales
11 Jan '08
1 min read
Nordstrom Inc reported preliminary sales of $1,222.9 million for the five-week period ending January 5, 2008, a decrease of 3.8 percent compared to sales of $1,271.3 million for the five-week period ending December 30, 2006. Same-store sales decreased 4.0 percent.
Due to the calendar shift in the 2007 retail 4-5-4 calendar, a week of holiday shopping shifted from December to November results, which negatively impacted December results.
Our preliminary quarter-to-date same-store sales, which combine November and December results, increased 0.7 percent. Quarter-to-date total sales increased 0.3 percent, from $2.02 billion in 2006 to $2.03 billion in 2007.
Preliminary year-to-date sales of $8.34 billion increased 4.9 percent compared to sales of $7.95 billion during the comparable period in 2006. Year-to-date same-store sales increased 4.5 percent.
Due to the calendar shift in the 2007 retail 4-5-4 calendar, a week of holiday shopping shifted from December to November results, which negatively impacted December results.
Our preliminary quarter-to-date same-store sales, which combine November and December results, increased 0.7 percent. Quarter-to-date total sales increased 0.3 percent, from $2.02 billion in 2006 to $2.03 billion in 2007.
Preliminary year-to-date sales of $8.34 billion increased 4.9 percent compared to sales of $7.95 billion during the comparable period in 2006. Year-to-date same-store sales increased 4.5 percent.
Nordstrom Inc
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
