Nordstrom (JWN) Misses Q4 EPS by 24c, Offers FY Guidance

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Go back to Nordstrom (JWN) Misses Q4 EPS by 24c, Offers FY Guidance

Nordstrom Reports Fourth Quarter and Fiscal 2019 Earnings

March 3, 2020 4:05 PM EST

Q4 net sales grew 1.3 percent, improving year-to-date trends by over 400 basis points
Full-year EPS excluding charges in-line with Companys prior outlook

SEATTLE--(BUSINESS WIRE)-- Nordstrom, Inc. (NYSE: JWN) today reported fourth quarter results, excluding charges, in-line with the Companys prior outlook, reflecting further sales momentum and continued operating discipline. Net sales growth of 1.3 percent improved by more than 400 basis points from year-to-date trends, with growth in Nordstroms Full-Price and Off-Price businesses.

Earnings per diluted share for the quarter ended February 1, 2020, of $1.23 included charges of... More