Company Earnings UpdateNordstrom (JWN) Fiscal 2Q18 Results: Company Beats Expectations and Raises Guidance Coresight Research August 17, 2018 Executive Summary Nordstrom reported fiscal 2Q18 revenues of $4.07 billion, up 7.2% year over year and above the consensus estimate of $3.90 billion. Diluted EPS was $0.95, up 46.2%% from the year-ago quarter and above the consensus estimate of $0.84. Nordstrom reported fiscal 2Q18 revenues of $4.07 billion, up 7.2% year over year and above the consensus estimate of $3.90 billion. Diluted EPS was $0.95, up 46.2%% from the year-ago quarter and above the consensus estimate of $0.84. Nordstrom raised its full-year earnings guidance per share and now expects adjusted EPS of $3.50–$3.65, compared to the consensus estimate of $3.44, up from the previous guidance, $3.35–$3.55. For the full year, the company expects total net sales to be $15.40–$15.50 billion, an increase from $15.20–$15.40 billion. The consensus estimate is $15.74 billion. 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: Return to Uncertainty for Retail: Supreme Court Strikes Down US TariffsJCPenney Merges with SPARC Group to Form Catalyst Brands—What It Means for US RetailRetailTech: Empowering Retail’s Front Line, Creating Smarter Stores—Five Tech-Driven Strategies for Associate EnablementFinancial Sentiment Turns Negative; Tariff Pessimism Deepens; Inflationary Trade-Down Persists: US Consumer Survey Insights
