Nordstrom Reports Fourth Quarter 2023 Earnings

Go back to Nordstrom Reports Fourth Quarter 2023 Earnings

Nordstrom (JWN) PT Raised to $22 at TD Cowen

March 6, 2024 6:58 AM EST

TD Cowen analyst Oliver Chen raised the price target on Nordstrom (NYSE: JWN) to $22.00 (from $17.00) while maintaining a Market Perform rating.

The analyst comments "JWN beat EPS (96c vs. Street's 88c) as a lower tax rate offset softer net sales (+2.2%... More

Nordstrom (JWN) Tops Q4 EPS by 8c, Beats on Revenue; Offers Guidance

March 5, 2024 4:06 PM EST

Nordstrom (NYSE: JWN) reported Q4 EPS of $0.96, $0.08 better than the analyst estimate of $0.88. Revenue for the quarter came in at $4.42 billion versus the consensus estimate of $4.37 billion.

The Company expects fiscal 2024 to be a year of continued momentum in its growth and profitability... More