Nordstrom (JWN) December Comps Rose 8.6%; Updates on Expansion

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Deutsche Bank Boosts Estimates on Nordstrom (JWN), Cuts Kohl's (KSS) and Fred's (FRED)

January 3, 2013 3:55 PM EST

Deutsche Bank adjusted estimates on Nordstrom (NYSE: JWN) higher and Kohl's Corp. (NYSE: KSS) and Fred's, Inc. (NASDAQ: FRED) lower following December comps.

On Nordstrom, they raised EPS to $1.34 from $1.31 previously. FY12 EPS increases to $3.49 from $3.46 and FY13 EPS forecast remains at $4.00,... More