Nordstrom Inc. Q4 Income Declines 29%

(RTTNews) - Nordstrom Inc. (JWN) released earnings for fourth quarter that fell from last year.

The company said its earnings declined to $180 million, or $1.00 per share. This was lower than $255 million, or $1.32 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.7% to $4.19 billion. This was up from $4.04 billion last year.

Nordstrom Inc. earnings at a glance:

-Earnings (Q4): $180 Mln. vs. $255 Mln. last year. -Earnings Decline (Y-o-Y): -29.4% -EPS (Q4): $1.00 vs. $1.32 last year. -EPS Decline (Y-o-Y): -24.2% -Analysts Estimate: $1.22 -Revenue (Q4): $4.19 Bln vs. $4.04 Bln last year. -Revenue Change (Y-o-Y): 3.7%