Nordstrom Inc. (NYSE: JWN) reported first quarter 2021 earnings results today. Total revenues increased 43% year-over-year to $3 billion. The company reported a net loss of $166 million, or $1.05 per share, compared to a loss of $521 million, or $3.33 per share, in the year-ago quarter. Adjusted loss was $0.64 per share. Digital sales […]
“Nordstrom Inc. (NYSE: JWN) reported first quarter 2021 earnings results today. Total revenues increased 43% year-over-year to $3 billion. The company reported a net loss of $166 million, or $1.05 per share, compared to a loss of $521 million, or $3.33 per share, in the year-ago quarter. Adjusted loss was $0.64 per share. Digital sales […]
· May 25, 2021
Nordstrom Inc. (NYSE: JWN) reported first quarter 2021 earnings results today.
Total revenues increased 43% year-over-year to $3 billion.
The company reported a net loss of $166 million, or $1.05 per share, compared to a loss of $521 million, or $3.33 per share, in the year-ago quarter. Adjusted loss was $0.64 per share.
Digital sales increased 23% compared to Q1 2020 and was up 28% versus Q1 2019.
For the full year of 2021, revenue is expected to grow more than 25%.
