Nordstrom (JWN) Tops Q1 EPS by 10c
Nordstrom (NYSE: JWN) reported Q1 EPS of $0.37, $0.10 better than the analyst estimate of $0.27. Revenue for the quarter came in at $3.35 billion versus the consensus estimate of $3.34 billion.
The following table summarizes net sales and comparable sales within our Retail Business:
| Quarter Ended | ||||||||||||||
| April 29, 2017 | April 30, 2016 | |||||||||||||
| Sales | Comp % | Sales | Comp % | |||||||||||
| Nordstrom full-line stores - U.S. | $ | 1,482 | (6.4 | %) | $ | 1,582 | (7.7 | %) | ||||||
| Nordstrom.com | 548 | 10.9 | % | 495 | 3.1 | % | ||||||||
| Full-price | 2,030 | (2.3 | %) | 2,077 | (5.4 | %) | ||||||||
| Nordstrom Rack | 954 | (0.9 | %) | 894 | (0.8 | %) | ||||||||
| Nordstromrack.com/HauteLook | 198 | 19.1 | % | 166 | 41.8 | % | ||||||||
| Off-price | 1,152 | 2.3 | % | 1,060 | 4.6 | % | ||||||||
| Other retail1 | 126 | 121 | ||||||||||||
| Retail segment | 3,308 | 3,258 | ||||||||||||
| Corporate/Other | (29 | ) | (66 | ) | ||||||||||
| Total net sales | $ | 3,279 | (0.8 | %) | $ | 3,192 | (1.7 | %) | ||||||
1 Other retail includes Nordstrom Canada full-line stores, Trunk Club and Jeffrey boutiques. | ||||||||||||||
| | ||||||||||||||
For earnings history and earnings-related data on Nordstrom (JWN) click here.