Company Earnings UpdateNordstrom (JWN) 1Q17 Results: Comps Negative, but Better than Peers’ Coresight Research March 12, 2017 Executive Summary Nordstrom reported 1Q17 EPS of $0.37, up 42.3% from $0.26 in the year-ago period. Comparable store sales decreased by 0.8% year over year, missing the consensus estimate of (0.1)%. Online sales were up 11% at Nordstrom.com and up 19% at NordstromRack.com/HauteLook.com. The company maintained its FY17 outlook for EPS of $2.75–$3.00. For the full year, the company expects total sales to be up 3%–4% and comps to be flat. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: Holiday Spirit, Bigger Budgets: US Consumers’ Plans for the Fourth of July, Labor Day and the Holiday Season, with Aditya KaushikFinancial Confidence Falls to New Low Following US Tariff Imposition: China Consumer Survey InsightsEarnings Insights 4Q24, Week 6: Sales Decline for Kroger, Macy’s, Ross Stores and Other RetailersNRF 2025: Retail’s Big Show—Top 10 Tech Themes, from Computer Vision and RFID to AI-Powered Associate Devices
