Nordstrom (JWN) Dec Comps Down 10.6%; Guides

January 8, 2009 8:38 AM EST
Get Alerts JWN Hot Sheet
Price: $24.66 --0%

Financial Fact:
Net earnings: -10M

Today's EPS Names:
NTRP, FMCB, LOOP, More
Join SI Premium – FREE
Nordstrom, Inc. (NYSE: JWN) Same-store sales for December decreased 10.6%.

As a result of higher than expected competitive markdown pressure across the industry, the company now expects that its earnings per share for the fourth quarter will not meet its previously announced outlook of $0.35 to $0.45. The consensus is $0.38.

You May Also Be Interested In





Related Categories

Guidance, Retail Sales