Nordstrom (JWN) Tops Q4 EPS by 7c; Announces Wind-Down of Canadian Business
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Nordstrom Reports Fourth Quarter 2022 Earnings, Announces Wind-Down of Canadian Business
March 2, 2023 4:09 PM ESTSales and earnings in line with updated fiscal 2022 outlookEntering fiscal 2023 with healthier inventory position, down 15 percent from last year and comparable to 2019Company provides fiscal 2023 outlook, including plans to wind down Canadian operations to drive profitable growth and enhance shareholder value
SEATTLE, March 2, 2023 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported fourth quarter net earnings of $119 million, or $0.74 per diluted share ("EPS"), and earnings before interest and taxes ("EBIT") of $187 million, or 4.5... More
