Sales positive across both banners and digital during second quarter Reports EPS of $0.72, adjusted EPS of $0.961 Updates fiscal 2024 outlook SEATTLE, Aug. 27, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported second quarter net earnings of $122 million, or earnings per diluted share ("EPS") of $0.72, and earnings before interest and taxes ("EBIT") of $190 million. Excluding a charge primarily related to supply chain asset impairment, the Company reported adjusted EBIT of $244 million and adju ...

Entrance to Nordstrom's Department Store (Photo by � Greg Smith/CORBIS/Corbis via Getty Images) Corbis via Getty Images Nordstrom is scheduled to report earnings after Tuesday's close. The stock hit a record high of $83.16/share in 2015 and is currently trading near $21/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting: ...

Nordstrom, Inc. JWN is set to release earnings results for its second quarter, after the closing bell on Tuesday, Aug. 27. Analysts expect the Seattle-based company to report quarterly earnings at 72 cents per share, down from 84 cents per share in the year-ago period. Nordstrom projects to report quarterly revenue of $3.9 billion for the quarter, according to data from Benzinga Pro. On Aug. 21, Nordstrom's board approved a quarterly dividend of 19 cents per share payable on Sept. 18, to shareholders of rec ...

As part of its store expansion strategy, Nordstrom, Inc. (JWN) unveils a plan to open a new Nordstrom Rack in Surprise, AZ, in fall 2025. The new store, covering a 26,000-square-foot area, will be located in Prasada North, a famous shopping center that also includes Target and Starbucks. The addition of the new store is set to serve the Surprise community with a wide array of high-quality brands at competitive prices. The evolution of Nordstrom Rack in Surprise will bring exciting fashion options to meet th ...

The upcoming report from Nordstrom (JWN) is expected to reveal quarterly earnings of $0.75 per share, indicating a decline of 10.7% compared to the year-ago period. Analysts forecast revenues of $3.85 billion, representing an increase of 2.1% year over year. The current level reflects a downward revision of 7.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. P ...

Nordstrom, Inc. (JWN) is scheduled to release second-quarter fiscal 2024 numbers on Aug 27, after the closing bell. This fashion specialty retailer is expected to have witnessed revenue growth in the to-be-reported quarter. The Zacks Consensus Estimate for revenues is pegged at $3.84 billion, which indicates a rise of 1.9% from the figure reported in the year-ago quarter. The consensus estimate for earnings is pegged at 75 cents per share, which indicates a decline of 10.7% from that reported in the year-ag ...

SEATTLE, Aug. 20, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Surprise, Ariz. in fall 2025. "We look forward to being a part of the Surprise community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack. "We're excited to grow our footprint in the Phoenix market and introduce new customers to the Nordstrom experience." Lionello added that in th ...

The market expects Nordstrom (JWN) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 27, 2024, might help the stock move higher if these key numbers are bett ...

SEATTLE, Aug. 13, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Morrisville, North Carolina in spring 2025. "We look forward to being a part of the Morrisville community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack. "We're excited to grow our footprint in the Raleigh market and introduce new customers to the Nordstrom experience." Lionello ...

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