Nordstrom 2002 Annual Report Download - page 45

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notes to consolidated
financial statements
NORDSTROM INC. AND SUBSIDIARIES 43
Note 24: Selected Quarterly Data (unaudited)
Year ended January 31, 2003 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total
Net sales $1,245,761 $1,655,528 $1,323,201 $1,750,586 $5,975,076
Gross profit 421,464 551,263 449,354 581,623 2,003,704
Minority interest purchase
and reintegration costs (42,047) (11,121) — — (53,168)
(Loss)/earnings before cumulative
effect of accounting change (11,213) 36,335 18,427 60,034 103,583
Cumulative effect of accounting
change (net of tax) (13,359) — — — (13,359)
Net (loss)/earnings (24,572) 36,335 18,427 60,034 90,224
Basic (loss)/earnings per share (.18) .27 .14 .44 . 67
Diluted (loss)/earnings per share (.18) .27 .14 .44 . 66
Dividends per share .09 .09 .10 .10 . 38
Common stock price
High 26.29 26.87 21.93 22.39 26.87
Low 22.15 16.58 15.06 17.87 15.06
The per share amounts for the (loss)/earnings before cumulative effect of accounting change were $(0.08) for basic and diluted in the first
quarter, and $0.77 and $0.76 for basic and diluted for the total year.
Year ended January 31, 2002 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total
Net sales $1,218,040 $1,545,759 $1,239,241 $1,631,090 $5,634,130
Gross profit 419,610 504,851 402,280 541,530 1,868,271
Earnings before income taxes 40,555 63,499 17,095 83,339 204,488
Net earnings 24,755 38,699 10,495 50,739 124,688
Basic earnings per share .18 .29 .08 .38 .93
Diluted earnings per share .18 .29 .08 .38 .93
Dividends per share .09 .09 .09 .09 .36
Common stock price
High 21.17 22.75 22.97 25.50 25.50
Low 15.60 17.00 13.80 14.25 13.80
Nordstrom, Inc. common stock is traded on the New York Stock Exchange, NYSE Symbol JWN.