Nordstrom Fourth Quarter and Fiscal 2015 Earnings In-Line with Expectations
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Piper Jaffray Reiterates Overweight on Nordstrom (JWN) - PT to $62
February 19, 2016 7:47 AM ESTPiper Jaffray maintained an Overweight rating on Nordstrom (NYSE: JWN), and cut the price target to $62.00 (from $68.00), following the company's 4Q. JWN offered their initial 2016/FY17E guidance below the consensus mark. This guidance reflects net sales increase of 3.5% to 5.5% driven by new store growth and a flat to +2% comparable-store sales gain for the year. Piper... More
Stifel Would be Buyers of Nordstrom (JWN) on Weakness; Sees Improvement from H216 into FY17
February 19, 2016 7:13 AM ESTStifel affirms Nordstrom Inc. (NYSE: JWN) with a Buy rating and $60 price target following Q4 results issued Thursday night.
Analyst Richard Jaffe said he would be a buyer of any subsequent weakness. The analyst commented, Given the challenging results in 2H, management... More
Cowen Cuts Price Target as Nordstrom's (JWN) Weak Traffic Continue Through 4Q
February 19, 2016 6:51 AM ESTCowen maintained an Outperform rating on Nordstrom (NYSE: JWN), and cut the price target to $53.00 (from $55.00), following the company's 4Q earnings report. JWN provided initial FY16 EPS guidance of $3.10-3.35. This EPS guide implies FY16 EPS growth of -6% to +1%... More
Nordstrom (JWN) Misses Q4 EPS by 5c, FY EPS Guidance Falls Short
February 18, 2016 4:11 PM ESTNordstrom (NYSE: JWN) reported Q4 EPS of $1.17, $0.05 worse than the analyst estimate of $1.22. Revenue for the quarter came in at $4.19 billion versus the consensus estimate of $4.22 billion.
GUIDANCE:
Nordstrom sees FY2016 EPS of $3.10-$3.35, versus the consensus of... More
