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 1  (UNAUDITED) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total Fiscal year 2014 Net sales $2,837 $3,296 $3,040 $3,938 $13,110 Comparable sales increase 2 3.9% 3.3% 3.9% 4.7% 4.0% Credit card revenues 94 96 100 105 396 Gross profit 3 1,015 1,166 1,079 1,444 4,704 Selling, general and administrative expenses (844) (931) (917) (1,084) (3,777) Earnings before income taxes 230 296 228 431 1,185 Net earnings 140 183 142 255 720 Earnings per basic share $0.74 $0.97 $0.74 $1.35 $3.79 Earnings per diluted share $0.72 $0.95 $0.73 $1.32 $3.72 Fiscal year 2013 Net sales $2,657 $3,104 $2,791 $3,614 $12,166 Comparable sales increase 2 2.7% 4.4% 0.1% 2.6% 2.5% Credit card revenues 92 92 93 97 374 Gross profit 3 984 1,100 1,000 1,345 4,429 Selling, general and administrative expenses (801) (857) (840) (955) (3,453) Earnings before income taxes 236 298 218 437 1,189 Net earnings 145 184 137 268 734 Earnings per basic share $0.74 $0.94 $0.70 $1.39 $3.77 Earnings per diluted share $0.73 $0.93 $0.69 $1.37 $3.71 1  Quarterly totals may not foot across due to rounding. 2  Comparable sales include sales from stores that have been open at least one full year at the beginning of the year. We also include sales from our online channels  (Nordstrom.com, Nordstromrack.com and HauteLook) in comparable sales because of the integration with our stores.  3  Gross profit is calculated as net sales less cost of sales and related buying and occupancy costs (for all segments). Nordstrom, Inc. and subsidiaries 65