Nordstrom Inc. (JWN) reported a profit for fourth quarter that dropped from last year.
The company said its bottom line came in at $151 million, or $0.89 per share. This was lower than $201 million, or $1.15 per share, in last year's fourth quarter.
The company said revenue for the quarter rose 8.5% to $4.60 billion. This was up from $4.24 billion last year.
Nordstrom Inc. earnings at a glance:
-Earnings (Q4): $151 Mln. vs. $201 Mln. last year.
-Earnings Decline (Y-o-Y): -24.9%
-EPS (Q4): $0.89 vs. $1.15 last year.
-EPS Decline (Y-o-Y): -22.6%
-Revenue (Q4): $4.60 Bln vs. $4.24 Bln last year.
-Revenue Change (Y-o-Y): 8.5%
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