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Fashion specialty retailer Nordstrom posts Dec sales
11
Jan '08
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.

Nordstrom Inc


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