Nordstrom (JWN) Misses Q3 EPS by 13c

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Go back to Nordstrom (JWN) Misses Q3 EPS by 13c

Nordstrom Reports Third Quarter 2021 Earnings

November 23, 2021 4:05 PM EST

SEATTLE, Nov. 23, 2021 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported third quarter net earnings of $64 million or $0.39 per diluted share, with earnings before interest and taxes ("EBIT") of $127 million.

For the third quarter ended October 30, 2021, net sales increased 18 percent versus the same period in fiscal 2020 and decreased 1 percent versus the same period in fiscal 2019. The timing of this year's Anniversary Sale, with approximately one week falling into the third quarter of 2021, had a positive impact of approximately 200 basis points on net sales compared with fiscal 2019.

During the quarter, Nordstrom... More