Nordstrom (JWN) Tops Q4 EPS by 7c; Announces Wind-Down of Canadian Business

Nordstrom (NYSE: JWN) reported Q4 EPS of $0.74, $0.07 better than the analyst estimate of $0.67. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.35 billion.

Announces Wind-Down of Canadian Business.

GUIDANCE:

Nordstrom sees FY2024 EPS of $1.80-$2.20, versus the consensus of $1.93. Revenue decline, including retail sales and credit card revenues, of 4.0 to 6.0 percent versus fiscal 2022, including an approximately 250 basis point negative impact from the wind-down of Canadian operations and an approximately 130 basis point positive impact from the 53rd week

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

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