| --- | --- | --- | --- | --- | |-------|-------|-------|-------|-----------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q2 2024 EARNINGS CALL | | | | | | | 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 mate ...

Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. During the company's second-quarter earnings call Tuesday (Aug. 27), CEO Erik Nordstrom said digital sales increased 6.2%, accounting for 37% of total sales and the fifth consecutive quarter of improvement. "As we have shared previously, growing the digital customer journey is a key part of our strategy to drive Nordstrom banner growth," Erik Nordstrom said during the earnings call. "In April, we successfully la ...

Tuesday, August 27th, 2024 Three out of the four major stock market indexes closed Tuesday's session flat as a pancake. Such is trading life in the last week of August, typically. The Dow set a new record closing high, a mere 18 points above where it closed yesterday, +0.05%. Both the Nasdaq and S&P 500 finished the day up +0.17%. Only the small-cap Russell 2000 came in -0.66% lower on the session. What's notably more exciting are the earnings reports after the bell. We're still a day away from what might b ...

Nordstrom (JWN) reported $3.89 billion in revenue for the quarter ended July 2024, representing a year-overyear increase of 3.2%. EPS of $0.96 for the same period compares to $0.84 a year ago. The reported revenue represents a surprise of +1.15% over the Zacks Consensus Estimate of $3.85 billion. With the consensus EPS estimate being $0.74, the EPS surprise was +29.73%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

Nordstrom (JWN) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 29.73%. A quarter ago, it was expected that this department store operator would post a loss of $0.08 per share when it actually produced a loss of $0.24, delivering a surprise of -200%. Over the last four quarters, the c ...

Exhibit 99.1 NORDSTROM Nordstrom Reports Second Quarter 2024 Earnings • Sales positive across both banners and digital during second quarter • Reports EPS of $0.72, adjusted EPS of $0.96 • Updates fiscal 2024 outlook 1 1 SEATTLE – August 27, 2024 – 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 imp ...

Nordstrom on Tuesday posted earnings that blew past Wall Street's expectations, indicating the department store is making strides in its efforts to cut costs and boost efficiencies. Though the Seattle-based retailer posted earnings per share that were 25 cents higher than expected, it issued tepid guidance for the full year. Nordstrom now expects adjusted earnings per share to be between $1.75 and $2.05, compared to a previous range of $1.65 to $2.05. It anticipates sales will be in a range of a 1% decline ...

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 ...