Nordstrom (JWN, $37.89) beats fiscal Q2 earnings expectations
Nordstrom swung to a fiscal-second-quarter profit from the year-ago quarter’s loss.
For the quarter ended July 31, the luxury retail company’s earnings came in at 49 cents a share compared with a loss of -$1.62 a share in the year-earlier quarter. Analysts polled by FactSet expected GAAP earnings of 28 cents a share
Revenue reached $3.66 billion from $1.86 billion. Analysts estimated $3.34 billion.
For the full year, Nordstrom boosted its revenue outlook to 35% from its previous estimate of 25%.
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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