Nordstrom 2003 Annual Report Download - page 49

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Note 24: Selected Quarterly Data (unaudited)
Fiscal Year 2003 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total
Net sales $1,343,539 $1,794,975 $1,420,610 $1,932,549 $6,491,673
Gross profit 455,081 602,780 509,296 710,561 2,277,718
Earnings before income taxes 44,455 108,071 74,569 171,046 398,141
Net earnings 27,155 65,871 45,469 104,346 242,841
Basic earnings per share .20 .48 .33 .76 1.78
Diluted earnings per share .20 .48 .33 .74 1.76
Dividends per share .10 .10 .10 .11 .41
Common stock price
High 18.61 21.75 31.23 40.75 40.75
Low 15.00 15.78 20.81 29.76 15.00
Fiscal Year 2002 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 422,953 551,960 451,988 582,904 2,009,805
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.
Nordstrom, Inc. common stock is traded on the New York Stock Exchange, NYSE Symbol JWN.
NORDSTROM, INC. and SUBSIDIARIES
[47 ]
notes to consolidated financial statements