Nordstrom Achieved Total Sales Growth of 9.2% and Comparable Sales Increase of 4.9%
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Nordstrom (JWN) PT, Estimates Raised at Piper Jaffray on 'Beat and Raise' Qtr
August 14, 2015 6:40 AM EDTPiper Jaffray analyst Neely J.N. Tamminga reiterated an Overweight rating and raised her price target on Nordstrom (NYSE: JWN) to $95.00 (from $86.00) following better-than-expected Q2 results and raised guidance.
Tamminga commented, "We are reiterating our Overweight rating on JWN following their FQ2 report in view... More
Nordstrom (JWN) Tops Q2 EPS by 19c; Updates FY15 Outlook
August 13, 2015 4:06 PM EDTNordstrom (NYSE: JWN) reported Q2 EPS of $1.09, $0.19 better than the analyst estimate of $0.90. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.67 billion.
Nordstrom comparable sales, which consist of the full-line and Nordstrom.com businesses, increased 4.8 percent. Top-performing merchandise... More
