Nordstrom ( (JWN) ) has provided an announcement.
On March 4, 2025, Nordstrom, Inc. announced its fourth quarter 2024 earnings, reporting net earnings of $165 million and an EBIT of $242 million. The company saw a 4.7% increase in comparable sales, with strong performance in women’s and men’s apparel. Despite a 2.1% decrease in net sales compared to the previous year’s 14-week period, excluding the 53rd week, sales increased by 2.5%. The company also announced the departure of CFO Cathy Smith and initiated a search for her replacement. Nordstrom’s financial results were bolstered by strategic agility during the holiday season, leading to strong profitability and a positive outlook for stakeholders.
More about Nordstrom
Nordstrom, Inc. is a leading fashion retailer in the United States, known for its upscale department stores and Nordstrom Rack outlets. The company focuses on providing high-quality apparel, shoes, and accessories for men, women, and children, both in-store and through digital platforms.
YTD Price Performance: 0.58%
Average Trading Volume: 2,422,705
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.01B
See more data about JWN stock on TipRanks’ Stock Analysis page.