Nordstrom Inc. (JWN) reported third quarter earnings of $83 million or $0.38 per share, compared to $71 million or $0.33 per share in the prior year period.
On average, eighteen analysts polled by Thomson Reuters expected the company to report earnings of $0.39 per share. Analysts' estimates typically exclude special items.
Net sales in the third quarter were $1.87 billion, up 3.5% from $1.80 billion in the same period a year-ago. Third quarter same-store sales decreased 1.2%.
Fourteen Wall Street analysts expected revenues of $1.87 billion for the quarter.
Looking forward, for the fiscal year 2009, the company said it expects earnings per share in the range of $1.83 to $1.88. Credit Card Revenues is forecast to increase in a range of $70 million to $75 million. Same-store Sales are expected to decrease 6% to 7%. Previously, the company estimated earnings in a range of $1.50 to $1.65 per share. Same-store sales were previously expected to decrease in the range of 9% to 12%.
Nineteen Street analysts expect earnings of $1.81 per share for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.