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Nordstrom (JWN) Reports Q3 EPS of 39c, Comps Increase 2.3%

November 15, 2018 4:08 PM EST

Nordstrom (NYSE: JWN) reported Q3 EPS of $0.39, may not compare to analyst estimate of $0.66. Revenue for the quarter came in at $3.75 billion versus the consensus estimate of $3.69 billion.

Comparable sales increased 2.3 percent in the third quarter, compared with the 13-week period ended October28, 2017.

GUIDANCE:

Nordstrom sees FY2018 EPS of $3.55-$3.65, versus the consensus of $3.60. Nordstrom sees FY2018 revenue of $15.5-15.6 billion, versus the consensus of $15.91 billion.

Prior OutlookCurrent Outlook
Net sales $15.4 to $15.5 billion$15.5 to $15.6 billion
Comparable sales (percent) 1.5 to 2 Approximately 2
Credit card revenues Mid-teens growth Mid-teens growth
EBIT (including impact of estimated credit-related charge) $863 to $888 million
Earnings per diluted share (excluding the impact of any future share repurchases) $3.27 to $3.37
EBIT (excluding impact of estimated credit-related charge) $925 to $960 million $935 to $960 million
Earnings per diluted share (excluding the impact of non-recurring estimated credit-related charge and any future share repurchases) $3.50 to $3.65 $3.55 to $3.65

For earnings history and earnings-related data on Nordstrom (JWN) click here.



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