Nordstrom Reports Second Quarter 2022 Earnings

Go back to Nordstrom Reports Second Quarter 2022 Earnings

Nordstrom (JWN) PT Lowered to $21 at Jefferies

August 24, 2022 8:55 AM EDT

Jefferies analyst Stephanie Wissink lowered the price target on Nordstrom (NYSE: JWN) to $21.00 (from $22.00) while maintaining a Hold rating.

The analyst commented, "Q2 sales were slightly ahead, EBIT missed. Results have proven more volatile Q/Q than we'd have expected. Revised lower... More

Nordstrom (JWN) Tops Q2 EPS by 1c; Lowers Outlook

August 23, 2022 4:07 PM EDT

Nordstrom (NYSE: JWN) reported Q2 EPS of $0.81, $0.01 better than the analyst estimate of $0.80. Revenue for the quarter came in at $3.99 billion versus the consensus estimate of $3.96 billion.

GUIDANCE:

Nordstrom sees FY2022 EPS of $2.30-$2.60, versus prior of $3.20-$3.50... More