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Selected Quarterly Data (Unaudited)
12 Months Ended
Feb. 02, 2013
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Data (Unaudited)
SELECTED QUARTERLY DATA (UNAUDITED)
 
1st Quarter

 
2nd Quarter

 
3rd Quarter

 
4th Quarter

 
Total    

Fiscal year 2012
 
 
 
 
 
 
 
 
 
Net sales

$2,535

 

$2,918

 

$2,713

 

$3,596

 

$11,762

Same-store sales percentage change1
8.5
%
 
4.5
%
 
10.7
%
 
6.3
%
 
7.3
%
Credit card revenues
94

 
91

 
95

 
106

 
386

Gross profit2
951

 
1,039

 
983

 
1,357

 
4,330

Selling, general and administrative expenses:
 
 
 
 
 
 
 
 
 
Retail
721

 
778

 
755

 
912

 
3,166

Credit
44

 
62

 
46

 
53

 
205

Earnings before income taxes
240

 
250

 
239

 
456

 
1,185

Net earnings
149

 
156

 
146

 
284

 
735

Earnings per basic share

$0.72

 

$0.76

 

$0.73

 

$1.43

 

$3.62

Earnings per diluted share

$0.70

 

$0.75

 

$0.71

 

$1.40

 

$3.56

 
 
 
 
 
 
 
 
 
 
Fiscal year 2011
 
 
 
 
 
 
 
 
 
Net sales

$2,229

 

$2,716

 

$2,383

 

$3,169

 

$10,497

Same-store sales percentage change1
6.5
%
 
7.3
%
 
7.9
%
 
7.1
%
 
7.2
%
Credit card revenues
94

 
94

 
95

 
97

 
380

Gross profit2
844

 
993

 
872

 
1,196

 
3,905

Selling, general and administrative expenses:
 
 
 
 
 
 
 
 
 
Retail
611

 
708

 
670

 
818

 
2,807

Credit
55

 
59

 
57

 
58

 
229

Earnings before income taxes
241

 
290

 
209

 
379

 
1,119

Net earnings
145

 
175

 
127

 
236

 
683

Earnings per basic share

$0.66

 

$0.81

 

$0.60

 

$1.13

 

$3.20

Earnings per diluted share

$0.65

 

$0.80

 

$0.59

 

$1.11

 

$3.14

1 Same-store sales include sales from stores that have been open at least one full year at the beginning of the year. Fiscal year 2012 includes an extra week (the 53rd week) in the fourth quarter as a result of our 4-5-4 retail reporting calendar. The 53rd week is not included in same-store sales calculations. We also include sales from our Nordstrom online store in same-store sales because of the integration of our Nordstrom full-line stores and online store.
2 Gross profit is calculated as net sales less cost of sales and related buying and occupancy costs (for all segments).