For the quarter ended October 2024, Nordstrom (JWN) reported income of $3.46 billion, up 4.3% over the identical interval final yr. EPS got here in at $0.33, in comparison with $0.25 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $3.33 billion, representing a shock of +3.99%. The corporate delivered an EPS shock of +43.48%, with the consensus EPS estimate being $0.23.
Whereas buyers intently watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers venture a inventory’s value efficiency extra precisely.
Right here is how Nordstrom carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Variety of shops – Complete (EOP): 381 versus 378 estimated by three analysts on common.
- Comparable retailer gross sales – YoY change: 4% versus -0.6% estimated by three analysts on common.
- Revenues- Bank card revenues, internet: $117 million versus the seven-analyst common estimate of $114.92 million. The reported quantity represents a year-over-year change of -2.5%.
- Revenues- Internet gross sales: $3.35 billion versus $3.20 billion estimated by seven analysts on common. In comparison with the year-ago quarter, this quantity represents a +4.6% change.
- Complete internet sales- Nordstrom Rack: $1.27 billion in comparison with the $1.22 billion common estimate primarily based on three analysts. The reported quantity represents a change of +10.5% yr over yr.
- Complete internet sales- Nordstrom: $2.08 billion versus $1.99 billion estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +1.3% change.
View all Key Company Metrics for Nordstrom here>>>
Shares of Nordstrom have returned +7.2% over the previous month versus the Zacks S&P 500 composite’s +3.2% change. The inventory at present has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
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Nordstrom, Inc. (JWN) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
