Nordstorm (JWM, $22.13) beats Q3 earnings expectations
Nordstrom posted its third quarter adjusted earnings of $0.20 per share, well above analysts’ expectations of $0.14 per share. The figure was lower than $0.39 per share a year ago, though.
Revenues for the quarter slipped -2.5% from the year-ago quarter to $3.55 billion, just ahead of Street forecasts. Sales at Nordstrom Rack fell -1.8% year-over-year. Digital sales were down -16%, partly due to the timing of Nordstrom's anniversary sale event (i.e. the second quarter).
Looking ahead, the retail chain has projected adjusted profits in the range of $2.13 to $2.43 per share for its full financial year, revising its forecast down from $2.45 to $2.75 per share, as it clears out excess inventory and makes space for new premium brand purchasing capacity. The company continues to expect revenue growth of between 5% and 7% and adjusted profit margins of between 4.3% and 4.7% for the year.
Aroon Indicator for JWN shows an upward move is likely
JWN's Aroon Indicator triggered a bullish signal on June 25, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 233 similar instances where the Aroon Indicator showed a similar pattern. In of the 233 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
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General Information
a retailer of apparel, shoes, cosmetics and accessories
Industry DepartmentStores
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