Nordstrom Reports Second Quarter 2010 Earnings

Nordstrom, Inc. JWN today reported net earnings of $146 million, or $0.66 per diluted share, for the second quarter ended July 31, 2010. This represented an increase of 38.6 percent compared with net earnings of $105 million, or $0.48 per diluted share, for the same quarter last year. Second quarter same-store sales increased 8.4 percent compared with the same period in fiscal 2009. Net sales in the second quarter were $2.42 billion, an increase of 12.7 percent compared with net sales of $2.14 billion during the same period in fiscal 2009.