Company Earnings UpdateNordstrom (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Financial Sentiment Recovers; Tariff Pessimism Improves; Inflationary Trade-Down Persists: US Consumer Survey InsightsConsumer Sentiment Hits New Low; Many Consumers Cut Back on Eating Out Amid High Gas Prices: US Consumer Survey InsightsWeekly US Store Openings and Closures Tracker 2025, Week 39: Skims Continues To Expand Its FootprintNRF 2026: Retail’s Big Show—Day 2—Retail Running on AI, Plus The Growing Value of Private Label and Creator Content
