Same-Store sales grow at Seattle-based fashion specialty retailer
09 Feb '07
1 min read
Nordstrom Inc reported that preliminary same-store sales for January increased 11.1 percent on a comparable four-week period basis. Due to the 53rd week in the fiscal 2006 calendar, the final period of the year included a fifth week.
For that five-week period ended February 3, 2007, Nordstrom reported total sales of $610.1 million, which includes sales of $117.5 million during the 53rd week.
For the four-week period ended January 28, 2006, Nordstrom reported sales of $431.2 million. Excluding sales for the 53rd week, which represented 27.3 percentage points of the increase for the month, total sales increased 14.2 percent versus the prior year.
Preliminary fourth quarter sales of $2.63 billion increased 14.6 percent compared to sales of $2.30 billion in 2005. Fourth quarter same-store sales increased 8.3 percent. Sales for the 53rd week period represented 5.1 percentage points of the total increase versus the prior year.
Preliminary fiscal year 2006 sales of $8.56 billion increased 10.8 percent compared to sales of $7.72 billion in 2005. 2006 same-store sales increased 7.5 percent. Sales for the 53rd week period represented 1.5 percentage points of the total increase versus the prior year.
marketing@alchempro.com
