Nordstrom Earnings Reports

Nordstrom, Inc. reported a net loss of $39 million for the first quarter of 2024, or $0.24 loss per share. Total revenues increased to $3.335 billion, up from $3.181 billion in the same period last year, driven by strong sales growth at both Nordstrom and Nordstrom Rack banners.

Nordstrom, Inc. (NYSE: JWN) reported fourth-quarter net earnings of $165 million, or $0.97 per diluted share. Adjusted earnings per share (EPS) came in at $1.10. Total revenue reached $4.323 billion, with a comparable sales increase of 4.7%. Operating income stood at $242 million, while adjusted EBIT was $273 million. The company highlighted strong customer response and momentum across its business segments.