Nordstrom (JWN) Q4 Revenue Tops Views, FY Sales Guidance Comes in Light

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March 1, 2018 4:13 PM EST

Nordstrom (NYSE: JWN) reported Q4 EPS of $0.89, may not compare to the analyst estimate of $1.24. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.62 billion.

  • included impacts associated with corporate tax reform consisting of a $0.25 charge primarily related to its income tax provision and a one-time pretax investment in its employees of $16 million or $0.06.

GUIDANCE:

Nordstrom sees FY2018 EPS of $3.30-$3.55, versus the consensus of $3.30. Nordstrom sees FY2018 revenue of $15.2-15.4 billion, versus the consensus of $15.66 billion.

Net sales $15.2 to $15.4 billion
Comparable sales (percent) 0.5 to 1.5
EBIT $885 to $940 million
Earnings per diluted share (excluding the impact of any future share repurchase) $3.30 to $3.55

For earnings history and earnings-related data on Nordstrom (JWN) click here.


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