For the quarter ended January 2024, Nordstrom (JWN) reported revenue of $4.42 billion, up 2.3% over the same period last year. EPS came in at $0.96, compared to $0.74 in the year-ago quarter.The reported revenue represents a surprise of +0.38% over the Zacks Consensus Estimate of $4.4 billion. With the consensus EPS estimate being $0.90, the EPS surprise was +6.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectat ...

Nordstrom (JWN) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.67%. A quarter ago, it was expected that this department store operator would post earnings of $0.13 per share when it actually produced earnings of $0.25, delivering a surprise of 92.31%.Over the last four quarters, th ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Nordstrom's holiday-quarter sales topped Wall Street's expectations on Tuesday, but the retailer gave a muted outlook for the year ahead. The Seattle-based company said it plans to open new Nordstrom Rack stores and drive higher online and in-store sales in the coming year. Yet it said full-year revenue, including retail sales and credit cards, will range from a 2% decline to a 1% gain compared with the previous year. That forecast includes a more than 1% hit from having one fewer week in the fiscal year.No ...

For the fourth quarter, total Company net sales increased 2.2 percent versus the same period in fiscal 2022, inclusive of approximately $190 million related to the 53rd week, and gross merchandise value ("GMV") increased 2.0 percent. Nordstrom banner net sales decreased 3.0 percent and GMV decreased 3.4 percent compared with the fourth quarter of 2022. Net sales for Nordstrom Rack increased 14.6 percent. "We delivered on our 2023 guidance and are confident in our expectations for continued sales improvement ...

Nordstrom, Inc. (JWN) is scheduled to release fourth-quarter fiscal 2023 results on Mar 5 after the closing bell. This fashion specialty retailer is expected to have witnessed revenue and earnings growth in the to-be-reported quarter.The Zacks Consensus Estimate for fiscal fourth-quarter earnings is pegged at 90 cents per share, suggesting an increase of 21.6% from the year-ago quarter’s reported figure. The consensus mark for earnings has moved down a penny in the past 30 days. The consensus estimate for r ...

Analysts on Wall Street project that Nordstrom (JWN) will announce quarterly earnings of $0.90 per share in its forthcoming report, representing an increase of 21.6% year over year. Revenues are projected to reach $4.4 billion, increasing 2% from the same quarter last year.The current level reflects a downward revision of 26.2% 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 ove ...

Nordstrom (JWN) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended January 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on March 5. On ...

Nordstrom, Inc. (JWN) has been making efforts to drive efficiency and improve customer experience via faster order fulfillment. In addition, its focus on Nordstrom Rack bodes well. The company has been making improvements in the Nordstrom Rack banner, driven by strategic brand penetration increases.In recent developments, management unveiled plans to open a Nordstrom Rack in Manalapan Township, NJ in spring 2025. With a span of 26,000 square feet, this store will be situated in Manalapan Commons, a renowned ...

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