Nordstrom (JWN, $34.32) posts lower-than-expected Q1 earnings & sales, admits to missteps
Nordstrom missed estimates on first-quarter earnings and sales. The retail company also lowered its fiscal-year guidance, while admitting its missteps with customers.
The company's adjusted earnings for the quarter came in at 23 cents per share, falling heavily behind analysts’ expectations of 42 cents.
Sales of $3.4 billion also fell short of analysts’ estimates of $3.6 billion. They were also lower than the year-ago quarter’s $3.6 billion.
Co-president Erik Nordstrom said that the company had “executional misses” with its customers, and that it is taking steps to turn things around and improve customer services.
For the full fiscal year, Nordstrom revised down its earnings forecast to a range of $3.25 to $3.65 a share, compared to prior guidance of $3.65 to $3.90. Analysts were expecting earnings of $3.72 a share. The company also lowered outlook on net sales growth for the year to a range of -2% decrease to flat, versus previous expectations of a +1% to +2% increase.
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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