Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to___________ Commission File Number: 001-15059 Nordstrom, Inc. (Exact name of registrant as specified in its charter) (State or ...

Nordstrom, Inc. (NYSE:JWN) Q1 2022 Earnings Conference Call May 24, 2022 4:45 PM ET Company Participants Heather Hollander - Head of Investor Relations Erik Nordstrom - Chief Executive Officer Pete Nordstrom - President & Chief Brand Officer Anne Bramman - Chief Financial Officer Conference Call Participants Omar Saad - Evercore ISI Chuck Grom - Gordon Haskett Simeon Siegel - BMO Capital Markets Michael Binetti - Credit Suisse Jay Sole - UBS Tracy Kogan - Citigroup Carla Casella - JPMorgan Operator Greeting ...

Q1 2022 EARNINGS CALL NORDSTROM FORWARD-LOOKING STATEMENTS This presentation contains statements that are forward looking. These statements are based upon current expectations and assumptions that are subject to risks and uncertainties. We may not achieve the results projected in these forward-looking statements, and our actual results could materially differ because of factors discussed in this event, in the comments made during this presentation, and in the risk factors section of our Form 10-K, Form 10-Q ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 29, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to___________ Commission file number 001-15059 Nordstrom, Inc. (Exact name of registrant as specified in its charter) Washington 91-05 ...

Q4 2021 EARNINGS CALL NORDSTROM FORWARD-LOOKING STATEMENTS This presentation contains statements that are forward looking. These statements are based upon current expectations and assumptions that are subject to risks and uncertainties. We may not achieve the results projected in these forward-looking statements, and our actual results could materially differ because of factors discussed in this event, in the comments made during this presentation, and in the risk factors section of our Form 10-K, Form 10-Q ...

Financial Data and Key Metrics Changes - In Q4 2021, net sales increased by 23% compared to Q4 2020 but decreased by 1% compared to Q4 2019. Total revenue for the year was up 38%, aligning with guidance [49][50][52] - The EBIT margin for Q4 was 6.8%, an improvement of 10 basis points, while the annual EBIT margin was 3.4%, towards the high end of guidance [54][60] - Gross profit as a percentage of net sales increased by 340 basis points due to improved promotional effectiveness and fewer markdowns [52] Business Line Data and Key Metrics Changes - Nordstrom Rack sales declined by 5% in Q4, but this represented a sequential improvement of 320 basis points over Q3 [51] - Digital sales grew by 23% in Q4 compared to Q4 2019, with mobile users accounting for approximately 70% of total digital traffic [26][51] - Luxury categories, including Designer and Fine Jewelry, posted strong double-digit growth over 2019, while pandemic-related categories like Home and Active saw sales increases of 52% and 22%, respectively [31][32] Market Data and Key Metrics Changes - The Southern U.S. stores outperformed Northern U.S. stores by approximately 7 percentage points, with suburban locations outperforming urban locations by 10 percentage points [17][76] - The company noted significant geographic performance disparities, with urban areas still recovering from pandemic impacts [17][76] Company Strategy and Development Direction - The company is focused on improving Nordstrom Rack performance, increasing profitability, and optimizing supply chain and inventory flow [7][27] - Strategic initiatives include enhancing omnichannel capabilities, expanding the Nordstrom Media Network, and increasing brand partnerships [42][44] - The company aims to achieve financial targets set during the 2021 Investor Event while building capabilities for profitable market share growth [28][60] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about consumer spending in 2022, driven by wage growth and higher employment levels, while acknowledging potential inflationary headwinds [55][56] - The company is prepared for potential pandemic-related disruptions but sees encouraging signs of a return to normal activities [56][57] - Management is confident in the strategic plans and business outlook for 2022, expecting revenue growth of 5% to 7% [59][64] Other Important Information - The company plans to invest in business capabilities, reduce leverage, and resume cash returns to shareholders, including a potential quarterly dividend [61][63] - Ending inventory increased by 19%, with plans to reduce the sales-to-inventory spread by half by the end of Q1 2022 [52][39] Q&A Session Summary Question: Guidance and Acceleration in 2022 - Management indicated that guidance for 2022 is based on improved performance at Nordstrom Rack and steady growth at Nordstrom, leveraging market strategy and merchandising advancements [72][73] Question: Digital Footprint and Advertising Services - Management noted that the Nordstrom Media Services platform is expected to grow, leveraging digital traffic to monetize site visits [81][83] Question: Rack Division Pricing Architecture - Management discussed the opportunity to balance pricing strategies without compromising existing customer value, emphasizing ongoing improvements in the Rack business [87][89] Question: EBIT Margin Guidance - Management explained that EBIT margin improvements will come from topline growth and expense leverage, with expectations for steady growth in both Nordstrom and Rack divisions [122][123] Question: SG&A Dollar Growth Expectations - Management provided context on SG&A growth, focusing on efficiencies in merchandise margins and supply chain productivity to offset inflationary pressures [124]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to___________ Commission File Number: 001-15059 NORDSTROM, INC. (Exact name of registrant as specified in its charter) Securit ...

Nordstrom, Inc. (NYSE:JWN) Q3 2021 Earnings Conference Call November 23, 2021 4:45 PM ET Company Participants Heather Hollander - Head, IR Erik Nordstrom - CEO Pete Nordstrom - President and Chief Brand Officer Anne Bramman - CFO Conference Call Participants Omar Saad - Evercore ISI Edward Yruma - KeyBanc Capital Markets Dana Telsey - Telsey Advisory Group Oliver Chen - Cowen Mark Altschwager - Baird Operator Greetings and welcome to the Nordstrom Third Quarter 2021 Earnings Conference Call. At this time, a ...

Q3 2021 EARNINGS CALL NORDSTROM FORWARD-LOOKING STATEMENTS This presentation contains statements that are forward looking. These statements are based upon current expectations and assumptions that are subject to risks and uncertainties. We may not achieve the results projected in these forward-looking statements, and our actual results could materially differ because of factors discussed in this event, in the comments made during this presentation, and in the risk factors section of our Form 10-K, Form 10-Q ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to___________ Commission File Number: 001-15059 NORDSTROM, INC. (Exact name of registrant as specified in its charter) (State or ...