Company Earnings Update 2 minutesRegister for Free AccessNordstrom (JWN) 2Q17 Results: Mixed Results, Company Raises Guidance Coresight Research August 11, 2017 Executive Summary Nordstrom reported 2Q17 adjusted EPS of $0.65, beating the consensus estimate of $0.64. Revenues increased by 3.5%, to $3.72 billion from $3.59 billion in the year-ago period, but missed the consensus estimate of $3.75 billion. Comparable sales increased by 1.7% year over year. Three of the five top-selling brands during the company’s Anniversary Sale, which is historically its largest event of the year, were Nordstrom proprietary labels. The company raised its sales growth outlook for the full year to 4% from 3%–4% previously. Nordstrom maintained its comp guidance at 4% and raised its EPS guidance to $2.85–$3.00. 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: Understanding Cross-Channel and Cross-Category Shopping: US Consumer Tracker Extra, July 2023Earnings Insights 2Q23, Week 4: JD.com, Ross Stores, TJX and Walmart Report Strong Results; Home Depot and Target See Sales DeclineInnovator Profile: Rodeo—Boosting E-Commerce Conversion with Passwordless Auto-loginE-Commerce Outlook: US Department Stores—Digital Slows as Consumers Shop in Stores