iBankCoin
Joined Nov 11, 2007
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Flash: Nordstrom beats by $0.06, reports revs in-line; guides FY12 EPS in-line

Reports Q2 (Jul) earnings of $0.80 per share, $0.06 better than the Capital IQ Consensus Estimate of $0.74; revenues rose 11.7% year/year to $2.81 bln vs the $2.78 bln consensus. Second quarter same-store sales increased 7.3%. Co issues in-line guidance for FY12, sees EPS of 2.95-3.10 vs. $3.03 Capital IQ Consensus Estimate. Sees FY12 SSS of 4-6%; HauteLook sales of $160-180 mln; credit card revs decline of $0-10 mln.

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