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Profile – Nordstrom, Inc.

Nordstrom is a fashion specialty department store retailer of apparel, shoes, cosmetics, and accessories for women, men, and children. As of Jan 31, 2010 the company operated 184 total stores in 28 US states including 112 full-line stores, 69 Nordstrom Rack stores, 2 Jeffrey boutiques, and 1 clearance store.

Headquarters Seattle, Washington
Sector Department Stores
Primary NAICS Code 448120 – Women’s Clothing Stores
Primary SIC Code 5632 – Women’s Accessory & Specialty Stores
Fiscal Year 2009 Ends on Jan 30, 2010
2008 Net Sales $ 8.3 Billion
2008 E-Commerce Sales $ 698.0 Million
2008 Net Income $ 401.0 Million
Store Count* 184
Total Store Sq Ft* 22,773,000
Employees** 51,000

*as of 1/31/10     **as of 1/31/09




Financial Summary
2008 2007 YoY % Chg 3 YR CAGR 5 YR CAGR
Net Sales (1,000’s) $ 8,272,000 $ 8,828,000 -6.3% 2.3% 5.1%
Same-Store Sales Chg -9.0% 3.9%
E-Commerce Sales (1,000s) $ 698,000 $ 644,000 8.4% 16.7%
Net Income (1,000’s) $ 401,000 $ 715,000 -43.9% -10.1% 10.6%
Diluted EPS $ 1.83 $ 2.88 -36.5% -2.6% 15.8%
Store Count 169 156 8.3% 2.9% 2.7%
Store Sq Ft (1,000s) 21,876 20,502 6.7% 2.9% 2.7%
Employees 51,000 55,000 -7.3% -0.3% 2.1%
Advertising Spend (1,000s) $ 98,000 $ 101,000 -3.0% -7.0% -3.5%

Nordstrom - Compound Annual Growth Rates



Fiscal Year Net Sales by Category (as % of Total)
2008 2007 2006
Women’s Apparel 34.0% 34.7% 34.6%
Shoes 20.8% 20.2% 20.2%
Men’s Apparel 16.5% 17.8% 18.2%
Women’s Accessories 11.6% 10.7% 9.9%
Cosmetics 11.1% 10.8% 11.0%
Children’s Apparel 3.3% 3.2% 3.3%
Other 2.7% 2.7% 2.7%

Nordstrom - 2008 Net Sales by Category


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