Nordstrom (JWN) Misses Q4 EPS by 5c, FY EPS Guidance Falls Short
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February 18, 2016 4:05 PM EST
Achieved Sales Growth of 7.5% and Comparable Sales Increase of 2.7%
for the Year
SEATTLE--(BUSINESS WIRE)--
Nordstrom, Inc. (NYSE: JWN) today reported earnings per diluted share
for the fourth quarter ended January 30, 2016 of $1.00, which included
asset impairment charges of $0.17 that were not included in the
Company's outlook. Fourth quarter net sales increased 5.2 percent and
comparable sales increased 1.0 percent, consistent with a comparable
sales increase of 0.9 percent in the third quarter.
For fiscal 2015, earnings per diluted share were $3.15. Excluding
impairment charges, earnings were in-line with the Company's outlook of
$3.30 to $3.40. Fiscal 2015 net sales... More
