"Nordstrom’s earnings drop in Q3 FY24, with sales up 4.6%" was originally created and published by Retail Insight Network, a GlobalData owned brand.

Shares of luxury retail store Nordstrom ($JWN) were down 11.21% on Wednesday morning after rising in the pre-market session, following a strong earnings quarter, lifting retail sentiment. Nordstrom posted adjusted diluted earnings per share (EPS) of $0.

Nordstrom heads into its Q3 earnings release Tuesday after-hours near 52-week highs following a strong Q2. For the third quarter, analysts will focus on Nordstrom's ability to sustain growth.

Operator Greetings, and welcome to the Nordstrom third quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode. We will begin with prepared remarks, followed by a question-and-answer session.