Nordstrom Reports First Quarter 2019 Earnings

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Nordstrom (JWN) PT Lowered to $40 at Nomura/Instinet Following 1Q

May 22, 2019 6:57 AM EDT

Nomura/Instinet analyst Simeon Siegel lowered the price target on Nordstrom (NYSE: JWN) to $40.00 (from $46.00) while maintaining a Neutral rating following the company's 1Q report. JWN posted a meaningful sales and margin miss. Net sales were -3.5%, w/full-price sales down 5.1% and off-price -60bps.... More

Nordstrom (JWN) Misses Q1 EPS by 20c, Cuts FY EPS Outlook

May 21, 2019 4:06 PM EDT

(Updated - May 21, 2019 4:08 PM EDT)

Nordstrom (NYSE: JWN) reported Q1 EPS of $0.23, $0.20 worse than the analyst estimate of $0.43. Revenue for the quarter came in at $3.44 billion versus the consensus estimate of $3.57... More