Nordstrom Reports Second Quarter 2021 Earnings, Raises Fiscal Year Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- 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
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Nordstrom (JWN) Plunges on Disappointing Sales Growth, JPMorgan Downgrades to 'Underweight' on Relative Underperformance
August 25, 2021 6:14 AM EDTShares of Nordstrom (NYSE: JWN) are down almost 8% in pre-open Wednesday after the company presented its Q2 results.
JWN reported Q2 EPS of $0.49 to easily top the analyst consensus of $0.28. Revenue for the quarter came in at $3.66 billion versus the consensus estimate of $3.31 million.
Our second quarter results demonstrate the strength of our two brands, the power of our closer to you strategy and the success of our iconic Anniversary Sale, said Erik Nordstrom, chief executive officer of Nordstrom, Inc.
We capitalized on improving customer demand with focused execution, healthy inventory sell-through and continued... More
