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 ...

While digital sales continued to perform well at Nordstrom, enhancements to the overall customer experience paid off as well, according to CEO Erik Nordstrom.“In the third quarter, our efforts to enhance the customer experience continued to resonate, enabling growth in net and comparable sales, margin expansion, and an increase in our customer base,” Nordstrom said during the company’s third-quarter earnings call Tuesday (Nov. 26). “Both Nordstrom and Nordstrom Rack delivered 4% comparable sales growth. We’ ...

For the quarter ended October 2024, Nordstrom (JWN) reported revenue of $3.46 billion, up 4.3% over the same period last year. EPS came in at $0.33, compared to $0.25 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.33 billion, representing a surprise of +3.99%. The company delivered an EPS surprise of +43.48%, with the consensus EPS estimate being $0.23.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

Nordstrom, Inc. (NYSE:JWN) Q3 2024 Earnings Call Transcript November 26, 2024 4:45 PM ET Company Participants Jamie Duies - Head of IR Erik Nordstrom - CEO Pete Nordstrom - President Cathy Smith - CFO Conference Call Participants Brooke Roach - Goldman Sachs Simeon Siegel - BMO Capital Markets Oliver Chen - TD Cowen Dana Telsey - Telsey Advisory Group Alex Straton - Morgan Stanley Tracy Kogan - Citigroup Blake Anderson - Jefferies Chuck Gron - Gordon Haskett Operator Greetings and welcome to the Nordstrom T ...

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 ...

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 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 ...

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 ...

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, 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 ...