Nordstrom (JWN) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Nordstrom, Inc. (JWN) posted fourth-quarter fiscal 2023 results, wherein both revenues and earnings surpassed their respective Zacks Consensus Estimate. The company posted adjusted earnings of 96 cents per share, up 29.7% from the year-ago quarter’s reported figure of 74 cents. The figure also surpassed the consensus estimate of 90 cents per share.Total revenues of $4,420 million rose 2.3% year over year and surpassed the Zacks Consensus Estimate of $4,403 million. Sales were aided by growth across the Nord ...