Nordstrom Q3 Earnings on the Horizon: Key Insights for Investors

Zacks11-22

Nordstrom, Inc. JWN is scheduled to release third-quarter fiscal 2024 results on Nov. 26 after the closing bell. This fashion specialty retailer is expected to have witnessed revenue growth in the to-...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2485260885?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/j8MbQYtbEeuG3CANg9pXyA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/2acea5399859cd50566cdd60fa3de30b","is_english":true,"pubTime":"2024-11-22 22:26","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2485260885","market":"us","top_or_hot":-1,"title":"Nordstrom Q3 Earnings on the Horizon: Key Insights for Investors","media":"Zacks","content":"<div>\n<p>Nordstrom, Inc. JWN is scheduled to release third-quarter fiscal 2024 results on Nov. 26 after the closing bell. This fashion specialty retailer is expected to have witnessed revenue growth in the to-...</p>\n\n<a href=\"https://finance.yahoo.com/news/nordstrom-q3-earnings-horizon-key-142600683.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nordstrom Q3 Earnings on the Horizon: Key Insights for Investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNordstrom Q3 Earnings on the Horizon: Key Insights for Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/nordstrom-q3-earnings-horizon-key-142600683.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nordstrom, Inc. JWN is scheduled to release third-quarter fiscal 2024 results on Nov. 26 after the closing bell. This fashion specialty retailer is expected to have witnessed revenue growth in the to-...</p>\n\n<a href=\"https://finance.yahoo.com/news/nordstrom-q3-earnings-horizon-key-142600683.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CURV","symbol_name":"Torrid Holdings","start_time":0,"source_url":"https://finance.yahoo.com/news/nordstrom-q3-earnings-horizon-key-142600683.html","article_id":"2485260885","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/j8MbQYtbEeuG3CANg9pXyA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/2acea5399859cd50566cdd60fa3de30b"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485260885","pubTimestamp":1732285560,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Nordstrom, Inc. JWN is scheduled to release third-quarter fiscal 2024 results on Nov. 26 after the closing bell. This fashion specialty retailer is expected to have witnessed revenue growth in the to-be-reported quarter. The Zacks Consensus Estimate for revenues is pegged at $3.33 billion, which indicates a rise of 0.3% from the figure reported in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The consensus estimate for earnings is pegged at 23 cents per share, which indicates a decline of 8% from that reported in the year-ago quarter. The consensus mark for earnings has moved up by a penny in the past seven days.In the last reported quarter, the company surpassed the earnings estimate by 29.7%. Also, it delivered a negative earnings surprise of 17.8%, on average, in the trailing four quarters.Our proven model conclusively predicts an earnings beat for Nordstrom this time around. The combination of a positive Earnings ESP and a Zacks Rank ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CURV":"Torrid Holdings","ISBC":"投资者银行","JWN":"诺德斯特龙"},"translate_title":"诺德斯特龙第三季度收益即将到来：投资者的关键见解","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ISBC":1,"JWN":1,"CURV":0.9},"content_text":"Nordstrom, Inc. JWN is scheduled to release third-quarter fiscal 2024 results on Nov. 26 after the closing bell. This fashion specialty retailer is expected to have witnessed revenue growth in the to-be-reported quarter. The Zacks Consensus Estimate for revenues is pegged at $3.33 billion, which indicates a rise of 0.3% from the figure reported in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.\nThe consensus estimate for earnings is pegged at 23 cents per share, which indicates a decline of 8% from that reported in the year-ago quarter. The consensus mark for earnings has moved up by a penny in the past seven days.In the last reported quarter, the company surpassed the earnings estimate by 29.7%. Also, it delivered a negative earnings surprise of 17.8%, on average, in the trailing four quarters.\n\nNordstrom, Inc. Price, Consensus and EPS Surprise\n\nNordstrom, Inc. price-consensus-eps-surprise-chart | Nordstrom, Inc. Quote\n\nKey Factors to Note\nNordstrom’s top-line results in third-quarter fiscal 2024 are likely to reflect benefits from robust strategic efforts, including the expansion of the reach of Nordstrom Rack and the enhancement of digital capabilities. The company has been focused on the closer-to-you strategy, which aims to link stores and services to expedite deliveries, expand online offerings and add cheaper merchandise at its Rack off-price stores to enrich customers' shopping experiences.Increased focus on distribution facilities and improved connectivity of physical and digital capabilities are expected to have boosted the company’s performance in the to-be-reported quarter. It has been introducing more premium brands and better assortments at Rack and increasing brand awareness. These efforts are expected to have driven Rack’s performance and overall sales. Our model estimates a 5.3% improvement in sales for the Nordstrom Rack segment in the fiscal third quarter.Nordstrom has been making efforts to enhance customer experience through faster delivery. Hence, the company remains focused on operational optimization. JWN continues seeking additional efficiencies in flow and improved productivity through inventory management initiatives. These upsides are likely to have contributed to the upcoming results.The Rack banner also remains on track to increase productivity throughout its network, cut transportation costs, reduce delivery times, and enhance services via faster delivery. The company continues focusing on introducing more premium brands at Rack, better assortment, and increasing brand awareness.\nWhat Does the Zacks Model Say About JWN Stock?\nOur proven model conclusively predicts an earnings beat for Nordstrom this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks before they are reported with our Earnings ESP Filter.Nordstrom has an Earnings ESP of +5.37% and a Zacks Rank of 2 at present.\nStocks With the Favorable Combination\nAbercrombie & Fitch ANF currently has an Earnings ESP of +4.59% and a Zacks Rank of 2. The company is likely to register growth in top and bottom lines when it reports third-quarter fiscal 2024 results. The Zacks Consensus Estimate for quarterly revenues is pegged at $1.2 billion, which indicates an increase of 11.8% from the figure reported in the prior-year quarter.You can see the complete list of today’s Zacks #1 Rank stocks here.The consensus estimate for quarterly earnings per share of $2.32 suggests an increase of 26.8% from the year-ago quarter’s reported figure. The Zacks Consensus Estimate for Nordstrom’s earnings has moved up by a penny in the past 30 days.Urban Outfitters URBN currently has an Earnings ESP of +8.17% and a Zacks Rank of 2. The company is likely to register top-line growth and bottom-line decline when it reports third-quarter fiscal 2024 results. The consensus mark for URBN’s quarterly revenues is pegged at $1.3 billion, which suggests a growth of 4.1% from the figure reported in the prior-year quarter.The Zacks Consensus Estimate for Urban Outfitters’s earnings has moved up by a penny to 84 cents per share in the past seven days. The consensus estimate indicates a decline of 4.6% from the year-ago quarter’s actual.Torrid Holdings CURV presently has an Earnings ESP of +23.08% and a Zacks Rank of 2. The company is likely to register growth in the top and bottom lines when it reports third-quarter fiscal 2024 results. The consensus mark for CURV’s quarterly revenues is pegged at $2.8 billion, which suggests 2.7% growth from the figure reported in the prior-year quarter.The consensus mark for Torrid Holdings quarterly earnings has moved up by a penny in the past 30 days to 3 cents per share. The consensus estimate suggests an increase of 200% from the year-ago quarter’s actual.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nAbercrombie & Fitch Company (ANF) : Free Stock Analysis Report\nNordstrom, Inc. (JWN) : Free Stock Analysis Report\nUrban Outfitters, Inc. (URBN) : Free Stock Analysis Report\nTorrid Holdings Inc. (CURV) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485260885"}