logo
Share SHARE
FONT-SIZE Plus   Neg

Nordstrom Updates FY17 Outlook - Quick Facts

Nordstrom, Inc. (JWN) announced the company now expects its fiscal 2017 earnings per share to be in the range of $2.85 to $3.00 compared to its previous guidance range of $2.75 to $3.00. Net sales are expected to rise approximately 4% compared to previous target of 3 to 4% increase.

The company reported earnings per share for the second quarter ended July 29, 2017 of $0.65. Total company net sales were $3.7 billion; increased 3.5 percent compared with net sales of $3.6 billion during the same period, prior year. Total company comparable sales for the second quarter increased 1.7 percent.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Poultry giant Sanderson Farms has blamed the national anthem protests in National Football League for its lower sales for the fourth-quarter and full year. Sanderson Farms, which is one of the biggest chicken providers in the US, said that NFL protests involving players taking a knee during the national... Amazon would reportedly sell Google's Chromecast streaming adapter for this Christmas. The online retailer giant has banned the product from its site for the last two years and has presumably settle the issues. Though the product is not available for sale, it has listed 4K-capable Chromecast Ultra adapter. Europe's no-frills airline Ryanair recognized pilot union for a smooth holiday season ahead. The airline had a discussion with its pilots union in Britain, Germany, Italy, Spain, Ireland, Portugal to iron out the issues. The pilots working for Ryanair have been enjoying different status and many of them were reportedly not in the rolls as full timers.
comments powered by Disqus
Follow RTT