Company Earnings Update 3 minutesRegister for Free AccessNordstrom (JWN) 4Q16 Results: Solid EPS, Guides Down for FY17 Coresight Research February 24, 2017 Executive Summary Nordstrom reported 4Q16 adjusted EPS of $1.37, versus $1.00 in the year-ago quarter and beating the consensus estimate of $1.15. The figure includes a $0.10 nonoperational gain. Revenues were $4.32 billion, up 2.9% year over year and slightly below the consensus estimate. Net sales (excluding credit card revenues) increased by 2.4% and comps decreased by 0.9%. Net sales for the Nordstrom brand (combined with Trunk Club) decreased by 1.1% and comps decreased by 2.7%. FY17 guidance was for a 3%–4% revenue increase, flat comps and EPS of $2.75–$3.00, below the $3.07 consensus estimate. 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: February 2025 US Retail Sales: First Year-Over-Year Drop Since the Pandemic—Electronics and Department Stores Lead DeclinesInnovator Profile: Novel—Driving Conversion and Boosting Loyalty with Branded Wallet PassesAnalyst Corner: What’s Happening in Beauty Retail?—Analyzing Mixed Performance and Success Strategies with Madhav PitaliyaConsumer Sentiment Falls Further After Stock-Market Sell-Off; Plus, Social Commerce in Focus: US Consumer Survey Insights
