Nordstrom (JWN) Tops Q4 EPS by 7c

Nordstrom (NYSE: JWN) reported Q4 EPS of $0.21, $0.07 better than the analyst estimate of $0.14.

"We're proud of our team's efforts to generate another quarter of improved sales trends and positive operating cash flow in what remains an uncertain environment. Heading into 2021, we're taking steps to improve our inventory position," said Erik Nordstrom, chief executive officer of Nordstrom, Inc.

"Over the quarter, we successfully scaled capabilities across both of our powerful brands — Nordstrom and Nordstrom Rack. As we execute our long-term growth strategy to get closer to our customers than ever before, we're confident in our ability to unlock the full potential of our digital-first platform to gain market share and drive profitable growth."

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

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