Nordstrom Tops EPS, Revenue Forecast

Nordstrom exceeded earnings expectations in Q3 2024, with expanding sales and profits, while aiming to manage rising costs and competition.Nordstrom (JWN -1.12%), the high-end department store chain known for luxury and accessibility, released its third-quarter earnings for 2024 on Nov. 26. The company reported adjusted earnings per share (EPS) of $0.33, outperforming the analyst estimate of$0.22. Revenue reached $3.347 billion, edging above the anticipated$3.344 billion, marking a 4.6% year-over-year inc ...