Interviews
News Flash
Nordstrom post net earnings of $104.5mn for Q1 ended April 30' 05
24 May '05
3 min read
2005 Outlook
For the fiscal year ending January 28, 2006, the company is raising its prior earnings per share outlook of $3.25-$3.35 to $3.40-$3.50. This represents a 20 to 25 percent increase over the prior year, excluding the lease adjustment from 2004 earnings per share. For the second quarter, the company expects low single digit same-store sales growth and earnings per share in the range of $0.85-$0.90.
Nordstrom Inc is one of the nation's leading fashion specialty retailers, with 151 U.S. stores located in 27 states. Founded in 1901 as a shoe store in Seattle, Nordstrom today operates 95 full-line stores, 49 Nordstrom Racks, five U.S. Faconnable boutiques, one freestanding shoe store, and one clearance store. Nordstrom also operates 32 international Faconnable boutiques, primarily in Europe.
For the fiscal year ending January 28, 2006, the company is raising its prior earnings per share outlook of $3.25-$3.35 to $3.40-$3.50. This represents a 20 to 25 percent increase over the prior year, excluding the lease adjustment from 2004 earnings per share. For the second quarter, the company expects low single digit same-store sales growth and earnings per share in the range of $0.85-$0.90.
Nordstrom Inc is one of the nation's leading fashion specialty retailers, with 151 U.S. stores located in 27 states. Founded in 1901 as a shoe store in Seattle, Nordstrom today operates 95 full-line stores, 49 Nordstrom Racks, five U.S. Faconnable boutiques, one freestanding shoe store, and one clearance store. Nordstrom also operates 32 international Faconnable boutiques, primarily in Europe.
Nordstrom Inc
Popular News
Leave your Comments
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
