Company Earnings Update 2 minutesRegister for Free AccessNordstrom (JWN) 4Q15 Results: Soft Outlook Based on Current Sales Trends Coresight Research February 18, 2016 Executive Summary Nordstrom reported 4Q15 EPS of $1.17, excluding items, versus the consensus estimate of $1.22. Total revenues, including credit card revenues, were $4.19 billion versus consensus of $4.22 billion. Comps were up 1.0% versus consensus of 0.6%. Full-line comps were down 3.2%, while Nordstrom.com was up 11%, Nordstrom Rack down 3.0% and Nordstromrack.com/HauteLookup 50%. Full-year 2016 guidance calls for EPS of $3.10–$3.35 versus consensus of $3.54. Net sales are expected to be up 3.5%–5.5% based on comps that are expected to be flat–2%. 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: October 2023 China Retail Sales: Year-over-Year Growth Rate Continues To ImproveAnalyst Corner—Our 2024 Amazon Apparel US Consumer Survey, with Anand Kumar: Insights From Our Seventh Annual SurveyNew Questions Reveal Consumers’ Economic Pessimism: US Consumer Survey Insights 2023, Week 41Bed Bath & Beyond: What Went Wrong?
