Categories AlphaGraphs, Earnings, Retail
A visual dashboard of Nordstrom (JWN) Q1 2020 earnings results
Nordstrom (NYSE: JWN) swung to a loss in the first quarter of 2020 hurt by the COVID-19 related charges. The fashion retailer reported a loss of $3.33 per share compared to a profit of $0.23 per share in the prior-year quarter. After-tax COVID-19 related charges totaled $173 million or $1.10 per share. Sales dropped 40% to $2.03 billion in the first quarter.

In March, the company withdrew its fiscal 2020 outlook due to the uncertainty related to COVID-19 pandemic. Nordstorm also suspended its dividend and share repurchases.
Applying a phased market-by-market approach, Nordstorm began reopening stores in early May with approximately 40% of its fleet now open.
JWN stock was trading up about 1% immediately after the earnings announcement.
Most Popular
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products