Nordstrom's Fiscal Q4 Adjusted Earnings Rise, Revenue Declines

MT Newswires Live
04 Mar

Nordstrom (JWN) reported fiscal Q4 adjusted earnings Tuesday of $1.10 per diluted share, up from $0.96 a year earlier.

Analysts surveyed by FactSet expected $0.93.

Revenue for the quarter ended Feb. 1 was $4.20 billion, down from $4.29 billion a year earlier. Analysts surveyed by FactSet expected $4.28 billion.

In December, Nordstrom reported that it had agreed to be acquired by members of the Nordstrom family and El Puerto de Liverpool, after which Nordstrom's stock will no longer be publicly traded. Due to the pending deal, the company said it is not providing a fiscal 2025 financial outlook or hosting a Q4 conference call.

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