Nordstrom, Inc.

NYSE:JWN   3:59:59 PM EDT
29.84
+0.43 (+1.46%)
Positive Earnings Pre-Announcement

Nordstrom Reports Second Quarter 2021 Earnings, Raises Fiscal Year Outlook

Published: 08/24/2021 20:20 GMT
Nordstrom, Inc. (JWN) - Nordstrom Reports Second Quarter 2021 Earnings, Raises Fiscal Year Outlook.
Q2 Earnings per Share $0.49.
Q2 Earnings per Share Estimate $0.27 -- Refinitiv Ibes Data (analyst estimates).
For Q2 Ended July 31, 2021, Net Sales Increased 101 Percent From Same Period in Fiscal 2020.
Nordstrom - Timing Shift of Annual Anniversary Sale, Had a Negative Impact of About 200 Basis Points on Qtrly Net Sales Compared With Fiscal 2019.
Qtrly Digital Sales Increased 30 Percent Compared With the Same Period in Fiscal 2020.
Sees Fiscal Year 2021 Revenue Growth, Including Retail Sales and Credit Card Revenues of More Than 35%.
Sees Fiscal Year 2021 Ebit Margin, As Percent of Sales 3.0 to 3.5 Percent.
Qtrly Net Sales $3,565 Million Versus $1,778 Million.
Q2 Revenue View $3.36 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $3.52 Billion
Adjusted EPS is expected to be $0.54

Next Quarter Revenue Guidance is expected to be $4.37 Billion
Next Quarter EPS Guidance is expected to be $1.08

More details on our Analysts Page.