Nordstrom Reports Third Quarter 2017 Earnings

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Nordstrom (JWN) PT Lowered to $43 at Baird Following 3Q

November 10, 2017 9:26 AM EST

Baird lowered its price target on Nordstrom (NYSE: JWN) to $43.00 (from $50.00) while maintaining a Neutral rating following the company's 3Q earnings report. Nordstrom reported EPS ahead of consensus ($0.68 vs. $0.63 consensus) fueled by higher credit earnings, lower taxes, and lower interest expense offset by lower... More

Nordstrom (JWN) Tops Q3 EPS by 7c; Narrows Top End of EPS Guidance

November 9, 2017 4:07 PM EST

Nordstrom (NYSE: JWN) reported Q3 EPS of $0.71, ex-items, $0.07 better than the analyst estimate of $0.64. Revenue for the quarter came in at $3.63 billion versus the consensus estimate of $3.59 billion.

Total Company net sales increased 2.0 percent and comparable sales decreased 0.9... More