Company Earnings Update 2 minutesRegister for Free AccessNordstrom (JWN) 1Q17 Results: Comps Negative, but Better than Peers’ Coresight Research March 12, 2017 Executive Summary Nordstrom reported 1Q17 EPS of $0.37, up 42.3% from $0.26 in the year-ago period. Comparable store sales decreased by 0.8% year over year, missing the consensus estimate of (0.1)%. Online sales were up 11% at Nordstrom.com and up 19% at NordstromRack.com/HauteLook.com. The company maintained its FY17 outlook for EPS of $2.75–$3.00. For the full year, the company expects total sales to be up 3%–4% and comps to be flat. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Retail Shrink and ORC: Self-Checkout and Store Closures, the INFORM Consumers Act, US Retailer CommentaryThe Last-Mile Race Intensifies: Target and Walmart Pave the Way in Delivery InnovationShein in Fast Fashion—Update: Establishing Dominance Through New Strategies and Business Expansion PlansMetaverse Pioneers: Learnings for Fashion Brands from the Web 3.0 Strategies of Adidas and NIKE
