Nordstrom Inc (NYSE:JWN) reported its fourth-quarter financial results and issued weak guidance after the bell Tuesday. Here’s a look at the details.
The Details: The company reported quarterly earnings of 96 cents per share, beating the consensus estimate of 88 cents per share. Quarterly sales clocked in at $4.42 billion, which beat the analyst consensus estimate of $4.388 billion.
Nordstrom reported total net sales increased 2.2% versus the same period last year, and gross merchandise value (GMV) increased 2%. Nordstrom banner net …