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Nordstrom fiscal Q2 profit falls YOY

4053619 said its normalized net income for the fiscal second quarter ended Aug. 2 was 96 cents per share, compared with the S&P Capital IQ consensus estimate of 95 cents per share.

EPS increased year over year from 94 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $185.0 million, compared with $186.3 million in the prior-year period.

The normalized profit margin fell to 5.5% from 5.8% in the year-earlier period.

otal revenue increased 6.1% on an annual basis to $3.39 billion from $3.20 billion, and total operating expenses increased 6.9% from the pri Nordstrom Inc..