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: Weekly US and UK Store Openings and Closures Tracker 2025, Week 10: US Store Openings Exceed 2,000Introducing the New Tech 25 for ’25: Retail-Tech Companies To Watch—InfographicWeekly US and UK Store Openings and Closures Tracker 2025, Week 6: Bargain Hunt and Liberated Brands To Close About 200 StoresThree Data Points We’re Watching This Week, Week 19: China and US Consumer Sentiment in Focus
