Nordstrom (JWN) Tops Q1 EPS by 10c

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Get Alerts JWN Hot Sheet

Price: $24.66 --0%

Financial Fact:
Earnings before interest and income taxes: 55M

Today's EPS Names:
PLCE, COE, JVA, More

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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.

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