Nordstrom: Fiscal Q1 Earnings Snapshot

SEATTLE (AP) — SEATTLE (AP) — Nordstrom Inc. (JWN) on Thursday reported a loss of $539 million in its fiscal first quarter.

On a per-share basis, the Seattle-based company said it had a loss of 24 cents.

The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The department store operator posted revenue of $3.34 billion in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $3.2 billion.

Nordstrom expects full-year earnings to be $1.65 to $2.05 per share.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on JWN at

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