Nordstrom Reports First Quarter 2020 Earnings
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% as AI buildout costs, Fed rate outlook weigh
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Nordstrom (JWN) Q1 Revenues Plunge 40%
May 28, 2020 4:09 PM EDTNordstrom (NYSE: JWN) reported Q1 EPS of ($2.33) ex-items, $1.38 worse than the analyst estimate of ($0.95). Revenue for the quarter came fell 40% $2.03 billion versus the consensus estimate of $2.41 billion.
"We successfully strengthened our financial flexibility by increasing liquidity, lowering inventory by more than 25 percent... More
