Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : JWN - Nordstrom now on NYSE, and with Nordstrom.com -- Ignore unavailable to you. Want to Upgrade?

To: DADEPFAN who wrote (25)	11/22/2000 10:34:51 AM
From: DADEPFAN	Read Replies (1) \| Respond to of 32

For Immediate Release MEDIA CONTACT: Nov. 21, 2000 Brooke White (206)373-3036 INVESTOR CONTACT: Bob Adams (206)373-4034 Nordstrom Board of Directors Approves Quarterly Dividend of $0.09 per Share SEATTLE, Wash. Nov. 21, 2000 - Nordstrom, Inc. (NYSE: JWN) announced today that its Board of Directors approved a quarterly dividend of $0.09 per share, payable on December 15, 2000, to shareholders of record on November 30, 2000. Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 120 US stores located in 24 states, including 77 full-line stores, 37 Nordstrom Racks, three Façonnable boutiques, two free-standing shoe stores, and one clearance store. Nordstrom now also operates 20 Façonnable boutiques, primarily in Europe. Additionally, Nordstrom serves customers through its online presence at nordstrom.com and through its direct mail catalogs. Total square footage of the company’s domestic stores was 15,971,000 as of Nov. 21, 2000. Certain statements in this news release contain ”forward-looking” information (as defined in the Private Securities Litigation Reform Act of 1995) that involves risks and uncertainties, including anticipated store openings and distribution channels, planned capital expenditures, and trends in company operations. Actual future results and trends may differ materially depending upon a variety of factors including, but not limited to, the company’s ability to source and manage appropriate inventory, predict fashion trends and consumer apparel buying patterns, and control costs and expenses; weather conditions; hazards of nature such as earthquakes and floods; trends in personal bankruptcies and bad debt write-offs; employee relations; the company’s ability to continue its expansion plans; and the impact of economic and competitive market forces. The company’s SEC reports may contain other information on these and other factors which could affect our financial results and cause actual results to differ from any forward-looking information we may provide. ###