NORDSTROM, INC.

1. Based on the information in the company's most recent annual report, determine each of the following:

a. Gross profit for each year reported.

b. Gross profit rate (Gross profit / Sales) for each year reported. Round to one decimal place.

c. Operating income for each year reported.

d. Percentage change in operating income for the most recent year. Round to one decimal place.

e. Net income for each year reported.

f. Percentage change in net income for the most recent year. Round to one decimal place.

2. Based solely on your responses to Item 1, has the company's performance improved, remained constant, or deteriorated over the periods presented? Briefly explain your answer.

Table of Contents Nordstrom, Inc. Notes to Consolidated Financial Statements (Dollar and share amounts in millions except per share, per option and per unit amounts) NOTE 17: SELECTED QUARTERLY DATA (UNAUDITED) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total Fiscal year 2019 Net sales Credit card revenues, net Gross profit SG&A expenses EBIT ? Net earnings Earnings per basic share Earnings per diluted share? Dividends per share $3,349 94 1,121 (1,138) 77 $3,778 94 1,302 (1,180) 216 $3,566 106 1,222 (1,135) 193 $4,439 99 1,555 (1,355) 299 $15,132 392 5,200 (4,808) 784 496 126 193 $3.20 37 $0.24 $0.23 $0.37 141 $0.91 $0.90 $0.37 $0.81 $0.81 $0.37 $1.24 $1.23 $0.37 $3.18 $1.48 Fiscal year 2018 Net sales $3,469 $3,980 $3,648 $4,383 $15,480 Credit card revenues, net 92 87 100 101 380 Gross profit 1,181 1,391 1.213 1,540 5,325 SG&A expenses (1,120) (1,232) (1,208) (1,308) (4,868) EBIT 153 246 105 333 837 Net earnings 87 162 67 248 564 Earnings per basic share $0.52 $0.97 $0.40 $1.50 $3.37 Earnings per diluted share $0.51 $0.95 $0.39 $1.48 $3.32 Dividends per share $0.37 $0.37 $0.37 $0.37 $1.48 Quarterly totals may not foot across due to rounding- 2 In the fourth quarter of 2019, we incurred charges related to the integration of Trunk Club and debt refinancing costs, which reduced net earnings by $29, or $0.19 per diluted share. The integration charges reduced earnings before interest and income taxes by $32 and debt refinancing costs increased interest expense by $8. Results in the third quarter of 2018 include the Estimated Non-recurring Charge of $72, or $49 net of tax, and $0.28 per diluted share (see Note 1: Nature of Operations and Summary of Significant Accounting Policies). Nordstrom, Inc. and subsidiaries 63 1000 2120 Inline XBRI. Viewer Nested Facts 1/ 189 Copy and paste Below Content, X Fiscal year 2019 Net sales Credit card revenues, net Gross profit Tag us-gaap:Quarterly FinancialinformationTextBlock Fact NOTE 17: SELECTED QUARTERLY DATA (UNAUDITED) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total Fiscal year 2019 Nel sales $1,349 $3.776 $3,566 $4,49 $15,132 Credit card renes, 94 94 106 99 392 1.121 1.222 1.556 Gmis profit SG& expenses 1,302 (1,180) 5,200 (4,608) (1,138 (1,135) 11,855 EBIT 77 216 193 209 784 141 126 193 496 Nel carrings Eamings per basic stars Eamings perduted share $0.24 $0.91 $0.81 $1.24 $3.20 50.23 $0.90 $0.81 $1.23 $3.18 Dividends per stare 30.37 $0.37 $0.37 30.37 $1 48 Fiscal year 2018 Nel sales $3,409 $3,900 $1,645 $4,303 $15,480 Credit Card revenues, re 92 27 100 101 320 Gmss pret 1,181 1,391 1,540 6,325 SGX expenses (1,120 (1.232) (1.206) 11.3981 (4,668) EBT 153 24B 105 333 Nel caming 162 87 248 Eamings per basic stare $0.52 $0.97 $0.40 $1.50 $3.37 Eamings perduled here 50 51 SD 95 $0.39 51.48 53.32 Dividends perahere 50.37 $0.37 SD. 37 50.37 51:48 Qwerty drwyddes de la In the fourtouw 2019, Wenene che geared the integration of Trek Obard dancing and which reduced not missbry 549,50.19 perdid share. The ingin tages de derning telesa in and Incontrats by 552 and hands and response Results in the tid tarter of 2016 recette Edraled Norwarming Charge 372 ur 549 rol of thes, and 26 per died share y Mode Nabor of Operators and Stary of Significari Araurity Pro Contract / Expand Period 12 months ending 02/01/2020 Type Text Block Item Type hepswww.sec.govixidoc-'Arche edgar'da12333.0000072353330000W 213130x1.htm 1/1