Skip to main content
BoF Logo

Agenda-setting intelligence, analysis and advice for the global fashion community.

The Business of Fashion
Financial Markets

Nordstrom Reports Third-Quarter Loss

Nordstrom Inc. on Thursday reported a fiscal third-quarter loss of $10 million.
The exterior of a Nordstrom store.
Outside a Nordstrom store | Source: Shutterstock (Shutterstock)
By
  • Associated Press

SEATTLE, United States — Nordstrom Inc. on Thursday reported a fiscal third-quarter loss of $10 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Seattle-based company said it had a loss of 6 cents. Earnings, adjusted for one-time gains and costs, came to 84 cents per share.

The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The department store operator posted revenue of $3.54 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $3.49 billion.

ADVERTISEMENT

Nordstrom expects full-year earnings in the range of $2.85 to $2.95 per share.

Nordstrom shares have increased 12 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 6 percent. In the final minutes of trading on Thursday, shares hit $56.03, a decline of 13 percent in the last 12 months.

Related Articles:

[ Capitalising on Canada’s Fashion Moment ]

Nordstrom to Hire Fewer Temporary Employees For Holiday Season
Department Stores Battle for Manhattan

© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.

L Catterton: Finding Value in a Tough Market

Nikhil Thukral, managing partner at the LVMH-affiliated private equity fund, talks about the ingredients of winning companies, the dynamics challenging fashion's incumbents and how economic shifts are shaping investor strategies in the BoF-McKinsey State of Fashion 2025.

The Best of BoF 2023: Diversity’s Litmus Test

In 2020, like many companies, the $50 billion yoga apparel brand created a new department to improve internal diversity and inclusion, and to create a more equitable playing field for minorities. In interviews with BoF, 14 current and former employees said things only got worse.

The Year Ahead: The Future of Fashion Deal-Making

For fashion’s private market investors, deal-making may provide less-than-ideal returns and raise questions about the long-term value creation opportunities across parts of the fashion industry, reports The State of Fashion 2024.

view more
Latest News & Analysis
Unrivalled, world class journalism across fashion, luxury and beauty industries.

Estée Lauder’s Surprise Acquisition, Explained

The American cosmetic giant’s buyout of Ayurvedic beauty line Forest Essentials came as a surprise. By picking an under-the-radar brand it knows well, the company can show that it’s still in the M&A game without needing to outbid rivals.

VIEW MORE

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.