Nordstrom, Inc. (NYSE:JWN ) Q3 2024 Earnings Call Transcript November 26, 2024 4:45 PM ET Company Participants Jamie Duies - Head of IR Erik Nordstrom - CEO Pete Nordstrom - President Cathy Smith - CFO Conference Call Participants Brooke Roach - Goldman Sachs Simeon Siegel - BMO Capital Markets Oliver Chen - TD Cowen Dana Telsey - Telsey Advisory Group Alex Straton - Morgan Stanley Tracy Kogan - Citigroup Blake Anderson - Jefferies Chuck Gron - Gordon Haskett Operator Greetings and welcome to the Nordstrom Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
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Nordstrom (JWN) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.25 per share a year ago.
Department-store chain Nordstrom Inc. on Tuesday offered up a slightly more optimistic full-year sales outlook and reported third-quarter results that beat analysts' expectations, helped by demand for women's clothing and gains at its off-price Rack stores.
Nordstrom beat third-quarter revenue and profit estimates on Tuesday, helped by rising demand for popular brands including On Running, Hoka and Vuori at its department stores.
Nordstrom tops Wall Street's earnings expectations, as shoppers buy more clothes and shoes
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JWN's strategic efforts, the expansion of Nordstrom Rack and the enhancement of digital capabilities position it well with strong Q3 earnings.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Nordstrom (JWN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2024.
JWN plans to expand its presence in Florida with a new Rack store in the Lakeside Village, offering a varied collection of high-quality brands at reasonable prices.
Nordstrom (JWN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
JWN plans to expand its presence in Idaho, with the opening of a new Nordstrom Rack store at the Village at Meridian.