Nordstrom (JWN, $32.00) earnings missed expectations, despite revenue beat
Nordstrom reported quarterly earnings that fell short of analysts’ expectations, amid rising labor costs hurting profits.
The retail company’s earnings for the three months ending October came in at 39 cents vs. 56 cents expected by analysts polled by Refinitiv.
Revenue of $3.64 billion, however, topped expectations of $3.55 billion.
The company’s namesake department store brand’s revenue rose +11% year-over-year. At Nordstrom Rack, an off-price division, revenue rose +35% from a year ago.
Digital sales (representing 40% of the business) plunged -12% year over year and rose +20% on a two-year basis. Nordstrom mentioned that its annual Anniversary Sale (which takes place primarily online) was moved entirely into the third quarter last year; however, this year it only fell during one week of the quarter.
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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