Nordstrom (JWN) Tops Q4 EPS by 21c, FY22 Guidance Beats
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Nordstrom Reports Fourth Quarter 2021 Earnings
March 1, 2022 4:05 PM ESTSEATTLE, March 1, 2022 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported fourth quarter results in line with the Company's fiscal year 2021 outlook, demonstrating progress against its long-term growth strategy. The Company reported net earnings of $200 million, or $1.23 per diluted share ("EPS"), and earnings before interest and taxes ("EBIT") of $299 million, or 6.8 percent of sales, for the fourth quarter. For the fiscal year ended January 29, 2022, net earnings were $178 million and diluted EPS was $1.10, with EBIT of $492 million, or 3.4 percent of sales. Net earnings for the fiscal year included... More
