Nordstrom sees 2020 earnings largely below estimates [Reuters]
Nordstrom, Inc. (JWN)
Last nordstrom, inc. earnings: 3/3 04:05 pm
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Source: Reuters
Nordstrom sees 2020 earnings largely below estimates (Reuters) - Nordstrom Inc ( JWN.N ) forecast 2020 profit largely below market expectations on Tuesday, after the upscale apparel retailer missed estimates for fourth-quarter revenue, sending its shares down more than 8% in after-market trading. The Seattle-based company expects to earn $3.25 to $3.50 per share in fiscal 2020, compared with analysts’ estimates of $3.49 per share, according to IBES data from Refinitiv. Total revenue rose to $4.54 billion from $4.48 billion in the fourth quarter ended Feb. 1, falling short of estimates of $4.56 billion.
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News
- What Analyst Projections for Key Metrics Reveal About Nordstrom (JWN) Q3 Earnings [Yahoo! Finance]Yahoo! Finance
- Nordstrom Board of Directors Approves Quarterly DividendPR Newswire
- Nordstrom Expands Footprint by Opening Store in Florida's Lakeland [Yahoo! Finance]Yahoo! Finance
- Nordstrom, Inc. (NYSE: JWN) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $24.00 price target on the stock.MarketBeat
- Nordstrom, Inc. (NYSE: JWN) had its price target raised by analysts at Citigroup Inc. from $22.00 to $23.00. They now have a "neutral" rating on the stock.MarketBeat
JWN
Earnings
- 8/27/24 - Beat
JWN
Sec Filings
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- 10/18/24 - Form SC
- JWN's page on the SEC website