Nordstrom (JWN) Reports Q3 EPS of 57c, Cuts FY Guidance
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Nordstrom Reports Total Sales Growth of 6.6% and Comparable Sales Increase of 0.9%
November 12, 2015 4:06 PM ESTThird Quarter 2015 Earnings Included $0.15 EPS Reduction Related to its Credit Card Portfolio Sale
SEATTLE--(BUSINESS WIRE)-- Nordstrom, Inc. (NYSE: JWN) today reported earnings per diluted share of $0.42 for the third quarter ended October 31, 2015. This included a reduction in earnings per diluted share of $0.15, which primarily represented transaction costs associated with the closing of its credit card portfolio sale.
The Company's third quarter performance was below Company expectations, reflecting softer sales trends that were generally consistent across channels and merchandise categories. Total Company net sales increased 6.6 percent and comparable... More
