Nordstrom(JWN)

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Nordstrom (JWN) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-26 23:20
Nordstrom (JWN) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.48%. A quarter ago, it was expected that this department store operator would post earnings of $0.74 per share when it actually produced earnings of $0.96, delivering a surprise of 29.73%.Over the last four quarters, t ...
Nordstrom(JWN) - 2024 Q3 - Earnings Call Presentation
2024-11-26 22:28
Q3 2024 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 ...
Nordstrom(JWN) - 2025 Q3 - Quarterly Results
2024-11-26 21:32
NORDSTROM Nordstrom Reports Third Quarter 2024 Earnings • Positive sales growth at both banners during third quarter, driving margin expansion • Reports EPS of $0.27, adjusted EPS of $0.33 • Updates fiscal 2024 revenue and comparable sales outlook 1 1 SEATTLE – November 26, 2024 – Nordstrom, Inc. (NYSE: JWN) today reported third quarter net earnings of $46 million, or earnings per diluted share ("EPS") of $0.27, and earnings before interest and taxes ("EBIT") of $83 million. Excluding a charge related to ac ...
Nordstrom tops Wall Street's earnings expectations, as shoppers buy more clothes and shoes
CNBC· 2024-11-26 21:09
A sign marks the location of a Nordstrom store in a shopping mall on March 20, 2024 in Chicago, Illinois.Nordstrom on Tuesday delivered a slightly rosier sales forecast, after revenue grew about 4% year over year as shoppers bought clothing, shoes and activewear at both the company's namesake department store and its off-price chain.The Seattle-based retailer said it now expects full-year revenue, which includes retail sales and credit card revenue, to range from flat to up 1% for the full year. That compar ...
Nordstrom Reports Third Quarter 2024 Earnings
Prnewswire· 2024-11-26 21:05
Positive sales growth at both banners during third quarter, driving margin expansion Reports EPS of $0.27, adjusted EPS of $0.331 Updates fiscal 2024 revenue and comparable sales outlookSEATTLE, Nov. 26, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported third quarter net earnings of $46 million, or earnings per diluted share ("EPS") of $0.27, and earnings before interest and taxes ("EBIT") of $83 million. Excluding a charge related to accelerated technology depreciation, the Company reported ...
Nordstrom Q3 Earnings on the Horizon: Key Insights for Investors
ZACKS· 2024-11-22 15:31
Nordstrom, Inc. (JWN) is scheduled to release third-quarter fiscal 2024 results on Nov. 26 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 $3.33 billion, which indicates a rise of 0.3% from the figure reported in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The consensus estimate for earnings is pegged at 23 cents per shar ...
What Analyst Projections for Key Metrics Reveal About Nordstrom (JWN) Q3 Earnings
ZACKS· 2024-11-21 15:20
Wall Street analysts forecast that Nordstrom (JWN) will report quarterly earnings of $0.23 per share in its upcoming release, pointing to a year-over-year decline of 8%. It is anticipated that revenues will amount to $3.33 billion, exhibiting an increase of 0.3% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections d ...
Nordstrom Expands Footprint by Opening Store in Florida's Lakeland
ZACKS· 2024-11-20 17:16
Nordstrom, Inc. (JWN) continues to bolster its growth strategy with plans to open a Nordstrom Rack store in Lakeland, FL, by fall 2025. The new store will span 30,000 square feet inside Lakeside Village, a prominent shopping center featuring retailers like Kohl's, Books-A-Million and Belk, alongside entertainment options such as CMX Cinemas.The new rack store aims to become a key shopping destination for the local community by offering an extensive range of high-quality brands at affordable prices. The evol ...
Nordstrom Rack to Open New Location in Lakeland, FL
Prnewswire· 2024-11-19 17:09
SEATTLE, Nov. 19, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Lakeland, Florida in fall 2025."We look forward to being a part of the Lakeland 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 Tampa market and introduce new customers to Nordstrom Rack." Lionello added that in this locatio ...
Nordstrom (JWN) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2024-11-19 16:06
The market expects Nordstrom (JWN) to deliver a year-over-year decline in earnings on flat revenues when it reports results for the quarter ended October 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on N ...