Nordstrom Q1 Profit Shrinks - Quick Facts

(RTTNews) - Nordstrom Inc. (JWN) Thursday reported first-quarter profit of $140 million or $0.72 per share, down from $145 million or $0.73 per share in the same period last year.

On average, 29 analysts polled by Thomson Reuters expected the company to earn $0.68 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased 6.8 percent to $2.8 billion from $2.66 billion last year. Analysts expected sales of $2.86 billion. Comparable sales for the quarter increased 3.3 percent from last year.

Looking ahead, the company continues to projects full-year 2014 earnings in the range of $3.75 to $3.90 per share. Analysts currently expect full-year earnings of $3.85 per share.