Nordstrom (JWN) Q4 Revenue Tops Views, FY Sales Guidance Comes in Light

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Nordstrom Reports Fourth Quarter and Fiscal 2017 Earnings

March 1, 2018 4:05 PM EST

Achieved Record Sales of $15 Billion

SEATTLE--(BUSINESS WIRE)-- Nordstrom, Inc. (NYSE: JWN) today reported fourth quarter earnings per diluted share for the fourth quarter ended February 3, 2018 of $0.89, which included impacts associated with corporate tax reform consisting of a $0.25 charge primarily related to its income tax provision and a one-time pretax investment in its employees of $16 million or $0.06. Net sales for the fourth quarter increased 8.4 percent, inclusive of approximately $220 million related to the 53rd week, and comparable sales increased 2.6 percent.

For fiscal 2017, earnings per diluted share was $2.59, including corporate tax... More