JWN Earnings Prediction
The chart below shows how JWN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, JWN sees a +1.60% change in stock price 10 days leading up to the earnings, and a -2.34% change 10 days following the report. On the earnings day itself, the stock moves by -0.92%. This data can give you a slight idea of what to expect for the next quarter's release.
JWN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.32B
-6.37%
-11.98%
Gross Margin
37.35%
5.78%
1.22%
Operating Margin
2.32%
12.62%
-54.42%
Net Margin
2.02%
460.71%
-44.35%
EPS
0.41
415.38%
-51.19%
No Data Available
JWN Earnings Analysis
Nordstrom, Inc. Corporation (JWN.N) Earnings Conference Call
Positive
Net Sales Increase: Total company net sales increased 4.6% in the third quarter, driven by positive results at both banners.
Sales Growth and Digital Strength: Comparable sales increased 4% with positive comps in both banners, and particular strength in digital channels.
GMV Growth Q3: GMV increased 5.3% in the third quarter.
Digital Sales Growth: Digital sales grew 6.4% in Q3, representing the sixth consecutive quarter of sequential improvement.
Available Liquidity Overview: We ended the third quarter with $1.2 billion in available liquidity, including just under $400 million in cash.
Negative
Net Sales Increase Analysis: Total company net sales increased 4.6% in the third quarter, driven by positive results at both banners, but the timing shift of the Anniversary Sale had a negative impact on net sales of approximately 100 basis points.
Sales Performance Analysis: Comparable sales increased 4% with positive comps in both banners, but the Anniversary Sale timing shift negatively impacted sales.
Sales Performance Disparity: Net sales at Nordstrom Rack increased 10.6%, while comparable sales increased 3.9%, indicating a disparity in performance between the banners.
Sales Decline Trends: The decline in sales trends towards the end of October was noted, suggesting potential challenges in maintaining momentum going into the holiday season.
Inventory Overstock Concerns: Inventory growth in the third quarter was slightly higher than preferred, indicating a potential overstock situation that could affect future sales.
JWN FAQs
How does JWN typically perform around its earnings report dates?
Is Nordstrom, Inc. (JWN) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
JWN Earning Call Sentiment
Nordstrom, Inc. (JWN) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
JWN.N
0.04%Positive
The earnings call presented a mixed picture: positive sales growth and improved gross profit margins, but concerns over high inventory levels and unclear management responses about a recent slowdown. The guidance suggests a flat to slightly positive outlook, while liquidity remains strong. However, the market may react cautiously due to management's evasiveness on certain issues and potential risks in Q4. Given the moderate market cap, these factors are likely to balance out, resulting in a neutral stock price movement prediction.
