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Nordstrom Inc. (JWN) announced earnings for fourth quarter that decreased from last year.


RTTNews | Mar 2, 2021 04:09PM EST

16:08 Tuesday, March 2, 2021 (RTTNews.com) - Nordstrom Inc. (JWN) announced earnings for fourth quarter that decreased from last year.

The company's earnings came in at $33 million, or $0.21 per share. This compares with $193 million, or $1.23 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 20.0% to $3.55 billion from $4.44 billion last year.

Nordstrom Inc. earnings at a glance:

-Earnings (Q4): $33 Mln. vs. $193 Mln. last year.-EPS (Q4): $0.21 vs. $1.23 last year.-Analysts Estimate: $0.14-Revenue (Q4): $3.55 Bln vs. $4.44 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3174311/nordstrom-inc-earnings-retreat-in-q4.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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