Nordstrom, Inc. (NYSE: JWN) is set to release earnings results for its fourth quarter, after the closing bell on March 5, 2024.
Analysts expect the Seattle-based retailer to report quarterly earnings at 86 cents per share, up from year-ago earnings of 74 cents per share.
The company is projected to post revenue of $4.38 billion for the latest quarter, compared to $4.32 billion in the year-earlier quarter, according to data from Benzinga Pro.
Nordstrom posted third-quarter earnings of 25 cents per share, up from 20 cents per share in the year-ago period on Nov. 21, 2023.
Some investors may be eyeing potential gains from the company’s dividends. Nordstrom currently has a dividend yield of 3.67%, which is a quarterly dividend amount of 19 cents a share (76 cents a year).
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