Nordstrom Inc reported preliminary sales of $804.9 million for the four-week period ending December 1, 2007, an increase of 7.4 percent compared to sales of $749.4 million for the four-week period ending November 25, 2006. Same-store sales increased 8.7 percent.
Preliminary year-to-date (YTD) sales of $7.12 billion increased 6.6 percent compared to sales of $6.68 billion during the same period in 2006. Year-to-date same-store sales increased 6.1 percent.
The monthly same-store sales rate in November was positively impacted by the timing shift of having a 53rd week in fiscal 2006. As a result, a week of holiday shopping shifted from December to November results. Going forward, December same-store sales results are expected to be negatively impacted by this shift.