Nordstrom Reports Third Quarter 2021 Earnings

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Go back to Nordstrom Reports Third Quarter 2021 Earnings

Nordstrom (JWN) PT Lowered to $27 at Cowen

November 24, 2021 7:19 AM EST

Cowen analyst Oliver Chen lowered the price target on Nordstrom (NYSE: JWN) to $27.00 (from $35.00) while maintaining a Market Perform rating.

The analyst commented, "EPS of $0.39 missed Street on higher SG&A, but JWN faces inventory, cost, and product challenges at both... More

Nordstrom (JWN) Misses Q3 EPS by 13c

November 23, 2021 4:06 PM EST

Nordstrom (NYSE: JWN) reported Q3 EPS of $0.39, $0.13 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $3.53 billion versus the consensus estimate of $3.52 billion.

FISCAL YEAR 2021 OUTLOOK:

The Company is reaffirming the following financial expectations for fiscal... More