Key Developments: Nordstrom Inc (JWN)
60.68USD
17 May 2013
$-0.45 (-0.74%)
$61.13
$58.87
$60.89
$58.75
4,494,176
1,851,332
$61.81
$46.27
Latest Key Developments (Source: Significant Developments)
Nordstrom Inc Reaffirms FY 2013 EPS Guidance; Lowers FY 2013 Same Store Sales Guidance
Nordstrom Inc announced that it continues to expect fiscal 2013 earnings per diluted share consistent with the previous outlook of $3.65 to $3.80. This reflects fiscal 2013 same-store sales increases of 3% to 5% and incorporates the performance of the first quarter. It also includes the impact of share repurchases in the first quarter, which is expected to increase earnings per diluted share by approximately $0.05. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.80 for fiscal 2013. Full Article
Nordstrom Inc Approves Quarterly Dividend
Nordstrom Inc announced that Board Of Directors approved a quarterly dividend of 30 cents per share payable on June 17, 2013 to shareholders of record at the close of business on May 31, 2013. Full Article
Nordstrom Inc Authorizes $800 Million Share Repurchase Program; Increases Regular Quarterly Dividend
Nordstrom Inc announced that its board of directors has authorized a repurchase program of up to $800 million of the Company`s outstanding common stock, through March 1, 2015. The shares are expected to be acquired through open market transactions. The Company intends to fund the repurchase program from existing cash on hand. The actual number and timing of share repurchases, if any, will be subject to market conditions and applicable Securities and Exchange Commission rules. This program is in addition to the Company`s existing repurchase program that was approved by the board in February 2012. The existing repurchase program has $344 million outstanding, as of February 26, 2013, and will expire on February 1, 2014. Nordstrom also announced that its board of directors has approved a quarterly dividend of 30 cents per share, an increase of 11% over the previous quarter`s dividend. The dividend is payable on March 22, 2013 to shareholders of record at the close of business on March 11, 2013. Full Article
Nordstrom Inc Issues FY 2013 Guidance; Comments On FY 2013 Same Store Sales Guidance
Nordstrom Inc announced that for fiscal 2013, it expects total sales of 4.5% to 6.5% increase, same-store sales are expected to be 3.5% to 5.5% increase and earnings per diluted share (EPS), excluding the impact of any future share repurchases is expected to be between $3.65 to $3.80. The Company reported revenues of $10.497 billion and EPS of $3.14 in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $12.135 billion and EPS of $3.50 for fiscal 2013. Full Article
Nordstrom Inc Approves Quarterly Dividend
Nordstrom Inc announced that its Board Of Directors has approved a quarterly dividend of 27 cents per share payable on December 14, 2012 to shareholders of record at the close of business on November 30, 2012. Full Article
Nordstrom Inc Raises Low End Of Prior End Of Prior FY 2012 EPS Guidance In Line With Analysts' Estimates; Comments On Same-Store Sales Guidance
Nordstrom Inc announced that for fiscal 2012, it expects earnings per diluted share to be $3.45-$3.50 and Same-store sales to be 6.5% to 7.0 % increase. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.49 for fiscal 2012. Full Article
Nordstrom Inc Approves Quarterly Dividend
Nordstrom Inc announced that its board of directors has approved a quarterly dividend of $0.27 per share payable on September 17, 2012 to shareholders of record at the close of business on September 4, 2012. Full Article
Nordstrom Inc Raises FY 2012 EPS Guidance
Nordstrom Inc announced that for fiscal 2012, it has raised earnings per diluted share to be between $3.40-$3.50. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.45 for fiscal 2012. Full Article
Nordstrom, Inc. Comments On Q2 2012 Same-Store Sales Guidance
Nordstrom, Inc. announced that for the second quarter of 2012, it expects same-store sales to increase in the low-single-digit range. Full Article
Nordstrom, Inc. Issues FY 2012 Sales Guidance-Conference Call
Nordstrom, Inc. announced that for fiscal 2012, it expects a 50% to 60% increase in sales. The Company reported revenue of $9.31 billion for fiscal 2011. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $10.50 billion for fiscal 2012. Full Article
Nordstrom lowers sales forecast as 1st-quarter sales miss
* 1st quarter profit per share 73 cents vs estimates of 76 cents
Earnings vs. 
Estimates
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