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Nordstrom Reports Third Quarter 2024 Earnings

From Albuquerque Journal

Nordstrom Reports Third Quarter 2024 Earnings

Positive sales growth at both banners during third quarter, driving margin expansionReports EPS of $0.27, adjusted EPS of $0.331Updates fiscal 2024 revenue and comparable sales outlook

SEATTLE, Nov. 26, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported third quarter net earnings of $46 million, or earnings per diluted share ("EPS") of $0.27, and earnings before interest and taxes ("EBIT") of $83 million. Excluding a charge related to accelerated technology depreciation, the Company reported adjusted EBIT of $97 million and adjusted EPS of $0.33.[1]

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