content_image/114933.jpg content_image/114934.jpg content_image/114937.jpg content_image/114935.jpg content_image/114936.jpg
## Quarterly Results (Unaudited) 

The same accounting policies are followed in preparing quarterly financial data as are followed in preparing annual data. The table below summarizes results by quarter for 2003 and 2002: 

<img src='content_image/114933.jpg'>

(a) Gross margin is sales less cost of sales. Gross margin for first and second quarter have been adjusted to reflect the impact of EITF No. 02-16 reclassifications for those periods of $36 million and $31 million, respectively. 

(b) Per share amounts are computed independently for each of the quarters presented. The sum of the quarters may not equal the total year amount due to the impact of changes in average quarterly shares outstanding. 

(c) Our common stock is listed on the New York Stock Exchange and Pacific Exchange. At March 22, 2004, there were 17,582 registered shareholders and the closing common stock price was $44.22 per share. 

## MervynGLYPH<213>s Store Count 

<img src='content_image/114934.jpg'>

<img src='content_image/114937.jpg'>

## Marshall FieldGLYPH<213>s Store Count 

<img src='content_image/114935.jpg'>

<img src='content_image/114936.jpg'>

