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Nordstrom, Inc. (JWN)

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Blake W. Nordstrom , President/Director/CEO

www.nordstrom.com

Industry: Retail

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Overview

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Financials

Overview

The Company is a fashion retailer offering designer, luxury and quality apparel, shoes, cosmetics and accessories for women, men and children.

Portfolio Articles

The Nordstrom Exception
Sales again favor the discounters, but a retailer gets a boost from a new date.
Jun 05 2008

See more news on this company

News Feeds

Analyst lowers estimates on department stores AP
Oct 10 2008
Holiday outlook darkens for luxury retailers AP
Oct 08 2008
Department chain sales results for September AP
Oct 08 2008
Outlook roundup: Nordstrom, Kohl's AP
Oct 08 2008
Nordstrom cuts 3Q profit guidance AP
Oct 08 2008
Nordstrom same-store sales fall 9.6 percent AP
Oct 08 2008
Analyst trims Nordstrom price target AP
Oct 02 2008
Nordstrom employees nabbed in theft ring AP
Sep 25 2008
Luxury stores mixed as Fed keeps rate unchanged AP
Sep 16 2008
Retailers grapple with impacts of Hurricane Ike Reuters
Sep 14 2008

Press Releases

Nordstrom Reports September Sales Oct-08-2008, 08:30AM EDT
Seven Summits Research Releases Alerts on MSFT, PEP, BNI, JWN, and HBAN Oct-07-2008, 09:31AM EDT
Nordstrom Opens New, Relocated Store at Tacoma Mall in Tacoma, Washington Oct-03-2008, 01:00PM EDT
True Religion Opens New Branded Retail Store in Ross Park Mall in Pittsburgh, PA Sep-23-2008, 09:00AM EDT
Nordstrom Opens at Fashion Mall at Keystone in Indianapolis Sep-19-2008, 10:00AM EDT

News From Around the Web

News

Retailers' sales plunge (Toledo Blade)

Oct 11 2008
Nordstrom puts best face on Ross store opening (Pittsburgh Post-Gazette)

Oct 11 2008
Tiffany's opens, Nordstrom gets ready in Ross (Pittsburgh Post-Gazette)

Oct 10 2008
Analyst lowers estimates on department stores (Businessweek)

Oct 10 2008
Retailers' numbers evidence of a slump (Boston Globe)

Oct 10 2008
Poor September sales lead Nordstrom to lower Q3 estimates (BizJournals)

Oct 09 2008
Store profit in doubt (The Province, Canada)

Oct 09 2008
Nordstrom cuts 3Q profit guidance (Businessweek)

Oct 08 2008
Nordstrom same-store sales fall 9.6 percent (Businessweek)

Oct 08 2008
Nordstrom Reports September Sales (Yahoo! Finance)

Oct 08 2008

Employees

Number of Employees: 55,000

Revenue per Employee: $169,087

Top Executives

Paul F. Favaro, Divisional Executive VP

Michael G. Koppel, Executive VP/CFO

David M. Witman, Executive VP/Other Corporate Officer

Erik B. Nordstrom, Divisional President/Executive VP/Director

Kevin T. Knight, Subsidiary CEO/Subsidiary Chairman of the Board/Subsidiary President/Executive VP

Jack H. Minuk, Executive VP/Other Corporate Officer

Peter E. Nordstrom, Executive VP/Director/President, Divisional

Lisa G. Iglesias, Executive VP/General Counsel/Secretary

Jeffrey S. Kalinsky, Executive VP, Divisional

James F. Nordstrom, Jr., Divisional President/Executive VP

Mark S. Brashear, Divisional President/Executive VP

David Loretta, Vice President/Treasurer

Margaret Myers, Executive VP/Other Corporate Officer

James R. O'Neal, Divisional President/Executive VP

James A. Howell, CPA, Vice President, Divisional/Chief Accounting Officer

Linda Toschi Finn, Divisional Executive VP

Delena M. Sunday, Divisional Executive VP

Daniel F. Little, Executive VP/Chief Administrative Officer

Loretta Soffe, Executive VP/Other Corporate Officer

Laurie M. Black, Executive VP/Other Corporate Officer

Scott A. Meden, Divisional President/Executive VP

Board of Directors

David Loretta, Vice President/Treasurer

Phyllis J. Campbell, Director

Jeanne P. Jackson, Director

Erik B. Nordstrom, Divisional President/Executive VP/Director

Kevin T. Knight, Subsidiary CEO/Subsidiary Chairman of the Board/Subsidiary President/Executive VP

Robert G. Miller, Director

Philip G. Satre, Director

Peter E. Nordstrom, Executive VP/Director/President, Divisional

Lisa G. Iglesias, Executive VP/General Counsel/Secretary

Enrique Hernandez, Jr., Director/Chairman of the Board

Alison A. Winter, Director

David L. Mackie, Secretary

Financials

Quarterly

Annual

Income Statement	08/2008	05/2008	02/2008	11/2007
Sales	1.42 Bil.	1.12 Bil.	1.51 Bil.	1.17 Bil.
Gross Operating Profit	863 Mil.	762 Mil.	1 Bil.	798.54 Mil.
Operating Income before D & A (EBITDA)	259 Mil.	217 Mil.	368 Mil.	245.91 Mil.
Total Income Before Interest Expenses (EBIT)	195 Mil.	227 Mil.	384 Mil.	292.01 Mil.
Total Net Income	143 Mil.	119 Mil.	212 Mil.	165.72 Mil.
Basic EPS, Total	0.66	0.54	0.93	0.69
Diluted EPS, Total	0.65	0.54	0.92	0.68

BALANCE STATEMENT	08/2008	05/2008	02/2008	11/2007
Cash and Equivalents	92 Mil.	119 Mil.	358 Mil.	107.91 Mil.
Total Assets	3.4 Bil.	3.26 Bil.	3.36 Bil.	3.34 Bil.
Total Liabilities	1.8 Bil.	1.66 Bil.	1.64 Bil.	1.78 Bil.
Total Capitalization	3.36 Bil.	3.29 Bil.	3.35 Bil.	3.1 Bil.

Cash Flow	08/2008	05/2008	02/2008	11/2007
Net Cash From Continuing Operations	371 Mil.	111 Mil.	161 Mil.	-254.52 Mil.
Net Cash From Investing Activities	-468 Mil.	-143 Mil.	-270 Mil.	-126.68 Mil.
Net Cash From Financing Activities	-169 Mil.	-207 Mil.	64 Mil.	86.55 Mil.
Net Change in Cash & Cash Equivalents	-266 Mil.	-239 Mil.	-45 Mil.	-294.65 Mil.

Income Statement	2008	2007	2006	2005
Sales	5.29 Bil.	5.11 Bil.	4.65 Bil.	4.33 Bil.
Gross Operating Profit	3.54 Bil.	3.45 Bil.	3.08 Bil.	2.81 Bil.
Operating Income before D & A (EBITDA)	1.18 Bil.	1.16 Bil.	977.15 Mil.	785.16 Mil.
Total Income Before Interest Expenses (EBIT)	1.25 Bil.	1.16 Bil.	930.52 Mil.	724.71 Mil.
Total Net Income	715 Mil.	678 Mil.	551.34 Mil.	393.45 Mil.
Basic EPS, Total	2.92	2.6	2.03	1.41
Diluted EPS, Total	2.88	2.55	1.98	1.39

BALANCE STATEMENT	2008	2007	2006	2005
Cash and Equivalents	358 Mil.	402.56 Mil.	462.66 Mil.	360.62 Mil.
Total Assets	3.36 Bil.	2.74 Bil.	2.87 Bil.	2.57 Bil.
Total Liabilities	1.64 Bil.	1.43 Bil.	1.62 Bil.	1.34 Bil.
Total Capitalization	3.35 Bil.	2.79 Bil.	2.72 Bil.	2.72 Bil.

Cash Flow	2008	2007	2006	2005
Net Cash From Continuing Operations	161 Mil.	1.14 Bil.	776.23 Mil.	606.35 Mil.
Net Cash From Investing Activities	-270 Mil.	-218.28 Mil.	-292.09 Mil.	-110.03 Mil.
Net Cash From Financing Activities	64 Mil.	-984.18 Mil.	-382.11 Mil.	-475.97 Mil.
Net Change in Cash & Cash Equivalents	-45 Mil.	-60.1 Mil.	102.03 Mil.	20.34 Mil.

Nordstrom, Inc. (JWN)

Company Information

Overview

Employees

Top Executives

Board of Directors

Financials

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