Nordstrom Inc. Announces Fall In Q4 Bottom Line

(RTTNews) - Nordstrom Inc. (JWN) reported a profit for fourth quarter that dropped from last year.

The company said its bottom line came in at $151 million, or $0.89 per share. This was lower than $201 million, or $1.15 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 8.5% to $4.60 billion. This was up from $4.24 billion last year.

Nordstrom Inc. earnings at a glance:

-Earnings (Q4): $151 Mln. vs. $201 Mln. last year. -Earnings Decline (Y-o-Y): -24.9% -EPS (Q4): $0.89 vs. $1.15 last year. -EPS Decline (Y-o-Y): -22.6% -Revenue (Q4): $4.60 Bln vs. $4.24 Bln last year. -Revenue Change (Y-o-Y): 8.5%