Nordstrom(JWN) - 2024 Q1 - Earnings Call Presentation

12 ● Early Access starts July 9th, and public access starts July 15th; event ends August 4th Q1 SALES STRENGTH OFFSET BY GROSS MARGIN 15 16 NORDSTROM Considerations Expect typical quarterly cadence NORDSTROM OUR CAPITAL ALLOCATION PRIORITIES REMAIN UNCHANGED REDUCE LEVERAGE 3.45 OPFI + 3.4800 + 3.4800 3.49 3.45 3.49 + 3.4800 能 192,900 192,900 能 3.17 3.17 3.54 3.54 OppFi" OppFi" OppFi" 3.11 3.37 CAPEX of 3% to 4% of net sales Targeting leverage ratio below 2.5x over time ■ Through combination of earnings imp ...