Nordstrom Tops EPS; Revenue Steady

Nordstrom (NYSE:JWN), a fashion retailer known for its flagship stores and Nordstrom Rack discount outlets, reported its fourth quarter 2024 earnings on March 4, 2025. The company exceeded expectations with an adjusted earnings per share (EPS) of $1.10, compared to the consensus estimate of $0.93. Revenue came in at $4.32 billion, slightly ahead of the anticipated $4.28 billion. This performance reflects Nordstrom's effective cost management, although challenges in inventory and selling, general, and administrative (SG&A) expenses remain a concern. Overall, the quarter indicates solid strategic execution in digital sales and company operations.Source: Analyst estimates for the quarter provided by FactSet.Nordstrom is recognized for its high-end department stores and Nordstrom Rack outlets, the latter offering discounted, quality fashion. Its business model centers on omni-channel integration, meaning customers can seamlessly shop in-store, online, or via mobile. Nordstrom's Rack stores are key to attracting bargain-conscious consumers. Expansion of this format was a focus during the quarter, tapping into the price-sensitive market. Customer loyalty, promoted by its Nordy Club program, aligns with omni-channel strategies, allowing customers to leverage points and rewards across all platforms.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool