Plus   Neg

Nordstrom Inc. Reveals Advance In Q2 Profit

Nordstrom Inc. (JWN) reported earnings for its second quarter that advanced from the same period last year.

The company's bottom line totaled $162 million, or $0.95 per share. This compares with $110 million, or $0.65 per share, in last year's second quarter.

Analysts had expected the company to earn $0.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.0% to $3.98 billion from $3.72 billion last year.

Nordstrom Inc. earnings at a glance:

-Earnings (Q2): $162 Mln. vs. $110 Mln. last year.
-EPS (Q2): $0.95 vs. $0.65 last year.
-Analysts Estimate: $0.84
-Revenue (Q2): $3.98 Bln vs. $3.72 Bln last year.

Full year EPS guidance: $3.50 to $3.65
Full year revenue guidance: $15.4 to $15.5 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT