NEW YORK , March 12, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Nordstrom, Inc. (NYSE: JWN)'s sale to Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. for $24.25 in cash per share.
JWN posts mixed fourth-quarter fiscal 2024 results. Sales at the Nordstrom Rack banner increases 1.2% year over year.
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Nordstrom's founding family is taking the retail chain private with help from a Mexican retailer. Bruce Nordstrom, whose grandfather started the department store in 1901, died last year.
While the top- and bottom-line numbers for Nordstrom (JWN) give a sense of how the business performed in the quarter ended January 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Nordstrom (JWN 0.12%), a fashion retailer known for its flagship stores and Nordstrom Rack discount outlets, reported its fourth quarter 2024 earnings on March 4, 2025. The company exceeded expectations with an adjusted earnings per share (EPS) of $1.10, compared to the consensus estimate of $0.93.
Nordstrom (JWN) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.96 per share a year ago.
Revenue, comparable sales and earnings at or above high end of fiscal 2024 outlook Quarterly sales growth across banners, stores and digital excluding the 53rd week; comparable sales up 4.7 percent Strong EBIT margin in fourth quarter, expanding year-over-year SEATTLE , March 4, 2025 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported fourth quarter net earnings of $165 million, or $0.97 per diluted share ("EPS"), and earnings before interest and taxes ("EBIT") of $242 million. Excluding privatization fees and an accelerated technology depreciation charge, the Company reported adjusted EBIT of $273 million and adjusted EPS of $1.10.1 For the fiscal year ended February 1, 2025, net earnings were $294 million and EPS was $1.74, with EBIT of $495 million, or 3.4 percent of sales.
JWN's fourth-quarter performance is likely to have gained from robust holiday performance and the enhancement of digital capabilities.
Beyond analysts' top -and-bottom-line estimates for Nordstrom (JWN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2025.