Nordstrom Inc. Q2 Income Retreats 45%

(RTTNews) - Nordstrom Inc. (JWN) announced earnings for second quarter that declined compared to the same period last year.

The company said its profit totaled $117 million, or $0.67 per share. This was down from $211 million, or $1.09 per share, in last year's second quarter.

The company said revenue for the quarter fell 1.4% to $3.65 billion. This was down from $3.70 billion last year.

Nordstrom Inc. earnings at a glance:

-Earnings (Q2): $117 Mln. vs. $211 Mln. last year. -Earnings Decline (Y-o-Y): -44.5% -EPS (Q2): $0.67 vs. $1.09 last year. -EPS Decline (Y-o-Y): -38.5% -Revenue (Q2): $3.65 Bln vs. $3.70 Bln last year. -Revenue Change (Y-o-Y): -1.4%

-Guidance: Full year EPS guidance: $2.60 - $2.75