Nordstrom 2006 Annual Report Download - page 2
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Dollars in thousands except per share amounts
Fiscal Year 2006 2005 % Change
Net sales $8,560,698 $7,722,860 10.8
Earnings before income tax expense 1,105,653 885,225 24.9
Net earnings 677,999 551,339 23. 0
Basic earnings per share 2.60 2.03 28.1
Diluted earnings per share 2.55 1.98 28.8
Cash dividends paid per share 0.42 0.32 31.3
Earnings before Income Tax Expense
(as a Percentage of Net Sales)1
Sales per Square Foot and
Same-store Sales Percentage Change
Gross Profit
(as a Percentage of Net Sales)
Inventory Turn
(cost of sales and related buying and
occupancy divided by average inventory)
Cash Flow from Operations
(in millions)
SG&A Expense
(as a Percentage of Net Sales)
1See Note 5 on page 12 regarding the 2002 change in accounting
2002 2003 2004 2005 2006
$390.5
$599.3 $606.3
$776.2
$1,142.4
2002 2003 2004 2005 2006
3.3%
6.2%
9.1%
11.5%
12.9%
3.85 4.10
4.51 4.84
5.06
2002 2003 2004 2005 2006
2002 2003 2004 2005 2006
$317
$325
$347
$369
$393
1.4%
4.1%
8.5%
6.0% 7.5%
33.2%
34.6%
36.1% 36.7% 37.5%
2002 2003 2004 2005 2006 2002 2003 2004 2005 2006
30.0% 29.4%
28.3%
27.2%
26.8%