Nordstrom (JWN) Tops Q2 EPS by 11c, Raises FY EPS Guidance

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Go back to Nordstrom (JWN) Tops Q2 EPS by 11c, Raises FY EPS Guidance

Nordstrom Reports Second Quarter 2018 Earnings, Raises Full Year Outlook

August 16, 2018 4:05 PM EDT

Strong Top-line Growth; Digital Sales Up 23 Percent

SEATTLE--(BUSINESS WIRE)-- Nordstrom, Inc. (NYSE: JWN) today reported earnings per diluted share for the second quarter ended August 4, 2018 of $0.95, which exceeded Company expectations, reflecting top-line growth across its Full-Price and Off-Price businesses. Based on first half results, the Company raised its full year earnings per diluted share expectations to $3.50 to $3.65 from its prior outlook of $3.35 to $3.55.

Total Company net sales increased 7.1 percent for the second quarter ended August 4, 2018 compared with the quarter ended July 29, 2017. This reflected a favorable shift... More