Nordstrom (JWN) Reports Same Store Sales Dropped 3.8%
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Nordstrom, Inc. (NYSE: JWN) reported preliminary sales of $600 million for the four-week period ended May 3, 2008, a decrease of 0.6 percent compared to sales of $604 million for the four-week period ended May 5, 2007. Same-store sales decreased 3.8 percent.
The monthly same-store sales results in April 2008 were positively impacted by the timing shift of the Easter holiday from April to March. The company's stores were open an additional day in April 2008 when compared to April 2007.
The monthly same-store sales results in April 2008 were positively impacted by the timing shift of the Easter holiday from April to March. The company's stores were open an additional day in April 2008 when compared to April 2007.
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