财务数据和关键指标变化 - 公司第二季度净销售额为38亿美元,同比增长3.4% [33] - 公司第二季度EBIT利润率为6.4%,同比扩大115个基点 [37] - 公司第二季度每股收益为0.96美元,同比增长 [38] - 公司预计全年收入将下降1%至增长1%,同比53周期间下降约135个基点 [42] - 公司预计全年EBIT利润率将在3.6%至4%之间 [44] - 公司预计全年每股收益将在1.75美元至2.05美元之间 [44] 各条业务线数据和关键指标变化 - 公司Nordstrom旗舰店第二季度净销售额和同店销售额均增长0.9% [34] - 公司Nordstrom Rack第二季度净销售额增长8.8%,同店销售额增长4.1% [34] - 公司数字销售额第二季度增长6.2%,占总销售额的37% [35] 各个市场数据和关键指标变化 - 公司在纽约旗舰店的销售额是整个门店网络中最高的,也是增长最快的 [25] 公司战略和发展方向及行业竞争 - 公司正在推进三大关键优先事项:推动Nordstrom旗舰店增长、优化运营和发展Nordstrom Rack业务 [9][12][16] - 公司正在通过提供更好的商品组合和客户体验来推动Nordstrom旗舰店的增长 [9][10][11] - 公司正在优化供应链,提高库存周转效率,以降低成本并提高客户体验 [12][13][14] - 公司正在扩张Nordstrom Rack门店,并提升其数字业务,这是公司重要的增长引擎 [16][17] 管理层对经营环境和未来前景的评论 - 管理层表示,尽管第二季度业绩良好,但外部环境仍存在不确定性,因此对全年指引保持适当谨慎 [41] - 管理层认为,公司目前的战略和优先事项正在得到体现,为全年业绩充满信心 [18] 其他重要信息 - 公司董事会正在探索增加股东价值的潜在方式,包括评估Erik和Pete Nordstrom提出的将公司私有化的提议 [6] - 公司决定停止在太平洋西北地区建设一个租赁的全渠道中心,并计提了相关资产减值 [15] - 公司正在进行一项技术转型,以提高数据访问和分析能力,并加快使用生成式AI解决方案,这将导致第三季度和第四季度报告的SG&A费用增加约10个基点 [45] 问答环节重要的提问和回答 问题1 **Dana Telsey 提问** - 公司在Anniversary Sale期间的销售情况是否能反映消费者健康状况 [50] - 公司私有品牌在女装类别的表现如何 [50] - 公司信用卡业务的债务水平和未来规划 [50] **Peter Nordstrom 回答** - Anniversary Sale的销售情况与公司预期基本一致,为公司未来销售提供了一些积极信号 [51][52] - 公司私有品牌在各个品类都有不错的表现,尤其是在女装类别 [53] **Cathy Smith 回答** - 公司较高收入客户的消费有所改善,信用损失有所上升但在公司预期之内 [54] 问题2 **Oliver Chen 提问** - 公司当前的库存水平和结构如何,哪些部分可能存在超库存 [56] - 公司的"运营优化"举措具体包括哪些内容 [56] - 公司对Nordstrom Rack业务的未来发展前景如何评估 [56] **Peter Nordstrom 回答** - 公司库存水平略有超出,主要集中在Nordstrom Rack业务,但整体库存质量较好,不会对未来业绩造成拖累 [57][58] **Cathy Smith 回答** - 公司正在通过提高商品周转速度、加快退货处理、推广RFID技术等措施来优化运营 [59][60] **Erik Nordstrom 回答** - 公司对Nordstrom Rack业务的未来发展前景保持乐观,包括新店开设和数字业务增长 [61][62] 问题3 **Simeon Siegel 提问** - Anniversary Sale对公司二季度毛利率的影响有多大 [65] - 公司未来在技术转型方面还会有哪些成本支出 [65] **Cathy Smith 回答** - Anniversary Sale对毛利率的影响不大,公司二季度毛利率提升主要来自于强劲的正价销售和其他因素 [66][67] - 公司未来两个季度会有少量的额外折旧费用,但整体技术支出将控制在预算范围内 [68] **Peter Nordstrom 补充** - Anniversary Sale的销售情况与公司预期一致,不会对未来毛利率产生负面影响 [69][70]

Q2 2024 EARNINGS CALL NORDSTROM FORWARD-LOOKING STATEMENTS This presentation contains statements that are forward looking. These statements are based upon current expectations and assumptions that are subject to risks and uncertainties. We may not achieve the results projected in these forward-looking statements, and our actual results could materially differ because of factors discussed in this event, in the comments made during this presentation, and in the risk factors section of our Form 10-K, Form 10-Q ...

Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory.During the company’s second-quarter earnings call Tuesday (Aug. 27), CEO Erik Nordstrom said digital sales increased 6.2%, accounting for 37% of total sales and the fifth consecutive quarter of improvement.“As we have shared previously, growing the digital customer journey is a key part of our strategy to drive Nordstrom banner growth,” Erik Nordstrom said during the earnings call. “In April, we successfully laun ...

Tuesday, August 27th, 2024Three out of the four major stock market indexes closed Tuesday’s session flat as a pancake. Such is trading life in the last week of August, typically. The Dow set a new record closing high, a mere 18 points above where it closed yesterday, +0.05%. Both the Nasdaq and S&P 500 finished the day up +0.17%. Only the small-cap Russell 2000 came in -0.66% lower on the session.What’s notably more exciting are the earnings reports after the bell. We’re still a day away from what might be ...

Nordstrom (JWN) reported $3.89 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 3.2%. EPS of $0.96 for the same period compares to $0.84 a year ago.The reported revenue represents a surprise of +1.15% over the Zacks Consensus Estimate of $3.85 billion. With the consensus EPS estimate being $0.74, the EPS surprise was +29.73%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

Nordstrom (JWN) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 29.73%. A quarter ago, it was expected that this department store operator would post a loss of $0.08 per share when it actually produced a loss of $0.24, delivering a surprise of -200%.Over the last four quarters, the co ...

财务表现 - 第二季度销售额同比增长3.4%，总公司可比销售额增长1.9%，GMV增长3.5%[1,2] - 公司总营收为70.06亿美元，同比增长4.2%[27] - Nordstrom品牌营收为45.54亿美元，同比增长0.8%[27] - Nordstrom Rack品牌营收为24.52亿美元，同比增长11.1%[27] - 数字销售占总销售的35%[27] - 毛利率为36.6%，同比增加155个基点[3] - 调整后EBIT利润率为3.2%，同比下降0.4个百分点[24] - 调整后EBITDA为4.96亿美元，同比增长0.8%[24] - 调整后每股收益为0.73美元[25] 业务表现 - Nordstrom品牌销售额和可比销售额均增长0.9%，GMV增长1.1%[2] - Nordstrom Rack品牌销售额增长8.8%，可比销售额增长4.1%[2] - 数字销售额增长6.2%，占总销售额37%[2,3] 未来展望 - 预计2024财年收入下降1.0%至增长1.0%，可比销售增长0%-2.0%[12] - 预计2024财年EPS为1.40-1.70美元，调整后EPS为1.75-2.05美元[12] - 预计2024财年调整后EBIT利润率为3.6%-4.0%[30] - 预计2024财年净利润率为1.7%-2.0%[30] - 预计2024财年将发生供应链资产减值和加速计提技术折旧等费用[29] - 预计2025财年每股摊薄收益为1.40美元至1.70美元之间[31] - 预计2025财年调整后每股收益为1.75美元至2.05美元之间[31] 财务指标 - 调整后EBIT为2.44亿美元，调整后EBIT利润率为3.6%-4.0%[5,12,16] - 调整后投资资本回报率(Adjusted ROIC)为8.4%[33] - 调整后债务对EBITDAR比率为2.7[39] - 2024年8月3日自由现金流为3.54亿美元[41] 其他 - 期末库存同比增长8.3%，销售增长3.4%[3] - 公司联系人为James Duies和Stephanie Corzett[42][43]

Nordstrom on Tuesday posted earnings that blew past Wall Street's expectations, indicating the department store is making strides in its efforts to cut costs and boost efficiencies. Though the Seattle-based retailer posted earnings per share that were 25 cents higher than expected, it issued tepid guidance for the full year. Nordstrom now expects adjusted earnings per share to be between $1.75 and $2.05, compared to a previous range of $1.65 to $2.05. It anticipates sales will be in a range of a 1% decline ...

Sales positive across both banners and digital during second quarterReports EPS of $0.72, adjusted EPS of $0.961Updates fiscal 2024 outlookSEATTLE, Aug. 27, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported second quarter net earnings of $122 million, or earnings per diluted share ("EPS") of $0.72, and earnings before interest and taxes ("EBIT") of $190 million. Excluding a charge primarily related to supply chain asset impairment, the Company reported adjusted EBIT of $244 million and adjuste ...

Entrance to Nordstrom's Department Store (Photo by �� Greg Smith/CORBIS/Corbis via Getty Images)Corbis via Getty Images Nordstrom is scheduled to report earnings after Tuesday’s close. The stock hit a record high of $83.16/share in 2015 and is currently trading near $21/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting: ...