Nordstrom Stock Gains on Q2 Earnings Beat, Updated FY24 Outlook
JWNNordstrom(JWN) ZACKS·2024-08-28 21:40

Shares of Nordstrom, Inc. (JWN) gained 7.7% during the after-market trading session on Tuesday, following the company’s second-quarter results, wherein both the top and bottom lines beat the respective Zacks Consensus Estimate and improved year over year. Anniversary Sale timing, which led to the shift of one week from the third quarter to the second quarter, had a positive impact on net sales. Following the results, management updated its fiscal 2024 outlook, raising the lower end of the guidance range for ...