Company Earnings UpdateNordstrom (NYSE: JWN) 4Q18 Results: Soft Traffic at Full-Price Stores Penalizes Sales Coresight Research March 4, 2019 Executive Summary Net sales declined 4.7% to $4.4 billion, comps declined 1.6% in full-price and rose 4% in the off-price division. Operating margin was flat at 7.6%, reflecting modest gross margin contraction offset by SG&A expense leverage. For 2019, the company expects net sales to grow 1-2%, lower than the consensus estimate of 2.8%, and projected EPS to be $3.65- to $3.90, ranges in line with the consensus estimate of $3.67. 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: Grocery Retailing—US Real Estate Insights: Value and Specialty Grocers Lead Store Expansion as Traditional Retailers Lag BehindHoliday 2025 Survey Insights: Dollar Stores and Temu Break into the Top Five RetailersLuxury Shopping in Focus; Sentiment Slumps Overall Amid Tariffs: US Consumer Survey InsightsRetail-Tech Landscape: Supply Chain Technology
