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Nordstrom Inc. Message Board

  • biddermon_ca biddermon_ca Jul 7, 2011 12:31 PM Flag

    June sales, full line stores + 7.9%

    Top ten percent of the folks still out shopping.

    <<Driven by higher profits, the Dow Jones industrial average has staged a breathtaking 90 percent rally since bottoming at 6,547 on March 9, 2009. Those stock market gains go disproportionately to the wealthiest 10 percent of Americans, who own more than 80 percent of outstanding stock.>>

    Nordstrom Reports June Sales

    SEATTLE, Jul 07, 2011 (BUSINESS WIRE) --

    Nordstrom, Inc. (NYSE:JWN) today reported a 7.9 percent increase in same-store sales for the five-week period ended July 2, 2011 compared with the five-week period ended July 3, 2010. Preliminary total retail sales of $927 million for June 2011 increased 12.8 percent compared with total retail sales of $822 million for the same period in fiscal 2010.

    Quarter-to-date same-store sales increased 7.7 percent compared with the same period in fiscal 2010. Preliminary quarter-to-date total retail sales of $1.72 billion increased 12.9 percent compared with total retail sales of $1.53 billion for the same period in fiscal 2010.

    Year-to-date same-store sales increased 7.0 percent compared with the same period in fiscal 2010. Preliminary year-to-date total retail sales of $3.95 billion increased 12.4 percent compared with total retail sales of $3.52 billion for the same period in fiscal 2010.

 
JWN
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