Investment in Stores, Supply Chain Impact Nordstrom's (JWN) Outlook; Stifel Maintains 'Hold' Rating

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Nordstrom (JWN) Misses Q4 EPS by 3c, FY15 EPS Guidance Misses

February 19, 2015 4:07 PM EST

Nordstrom (NYSE: JWN) reported Q4 EPS of $1.32, $0.03 worse than the analyst estimate of $1.35. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $4.01 billion.

Nordstrom comparable sales, which consist of the full-line and Nordstrom.com businesses, increased 4.5 percent. Top-performing merchandise categories included Cosmetics, Accessories and Men's Apparel.

Nordstrom sees FY2015 EPS of $3.65 - $3.80, versus the consensus of... More