Nordstrom 2007 Annual Report Download - page 68
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60
Nordstrom, Inc.
Notes to Consolidated Financial Statements
Dollar and share amounts in millions except per share and per option amounts
NOTE 17: SELECTED QUARTERLY DATA (UNAUDITED)
Fiscal year 2007 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total
Net sales $1,954 $2,390 $1,970 $2,514 $8,828
Same-store sales
percentage change 9.5% 5.9% 2.2% (0.7%) 3.9%
Gross profit 739 876 742 945 3,302
Earnings before income taxes 254 293 272 354 1,173
Net earnings 157 180 166 212 715
Net earnings as a percentage of
net sales 8.0% 7.6% 8.4% 8.4% 8.1%
Earnings per basic share $0.61 $0.72 $0.69 $0.93 $2.92
Earnings per diluted share $0.60 $0.71 $0.68 $0.92 $2.88
Fiscal year 2006 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total
Net sales $1,787 $2,271 $1,872 $2,631 $8,561
Same-store sales
percentage change 5.4% 5.7% 10.7% 8.3% 7.5%
Gross profit 664 824 712 1,007 3,207
Earnings before income taxes 213 293 221 379 1,106
Net earnings 131 179 136 232 678
Net earnings as a percentage of
net sales 7.3% 7.9% 7.2% 8.8% 7.9%
Earnings per basic share $0.49 $0.68 $0.53 $0.90 $2.60
Earnings per diluted share $0.48 $0.67 $0.52 $0.89 $2.55