Company Earnings UpdateNordstrom (JWN) 4Q15 Results: Soft Outlook Based on Current Sales Trends Coresight Research February 18, 2016 Executive Summary Nordstrom reported 4Q15 EPS of $1.17, excluding items, versus the consensus estimate of $1.22. Total revenues, including credit card revenues, were $4.19 billion versus consensus of $4.22 billion. Comps were up 1.0% versus consensus of 0.6%. Full-line comps were down 3.2%, while Nordstrom.com was up 11%, Nordstrom Rack down 3.0% and Nordstromrack.com/HauteLookup 50%. Full-year 2016 guidance calls for EPS of $3.10–$3.35 versus consensus of $3.54. Net sales are expected to be up 3.5%–5.5% based on comps that are expected to be flat–2%. 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: Freeze, Flight or Fight? How Retailers Can Strategically Navigate Tariff TurmoilStore Tracker Extra: US Store Openings and Closures 2024 Review and 2025 Outlook—InfographicAgentic Commerce: How Retailers Can Make Their Products Discoverable and Shoppable for 800 Million ChatGPT UsersThree Data Points We’re Watching This Week, Week 15: US CPG Latest
