Nordstrom Inc (NYSE:JWN)
$ 24.22 0.01 (0.04%) Market Cap: 4.00 Bil Enterprise Value: 7.91 Bil PE Ratio: 15.42 PB Ratio: 4.04 GF Score: 64/100

Q1 2024 Nordstrom Inc Earnings Call Transcript

May 30, 2024 / 08:45PM GMT
Release Date Price: $21.03 (-2.23%)
Operator

Greetings, and welcome to the Nordstrom first-quarter 2024 earnings conference call. (Operator Instructions) As a reminder, this conference is being recorded.

At this time, I'll turn the call over to Jamie Duies, Head of Investor Relations for Nordstrom. Thank you. You may begin.

Jamie Duies
Nordstrom Inc - Head of IR

Good afternoon, and thank you for joining us. Before I begin, I want to mention that we will be referring to slides which can be viewed in the Investor Relations section on nordstrom.com. Any discussion may include forward-looking statements, so please refer to the slide with our Safe Harbor language.

Participating in today's call are Erik Nordstrom, Chief Executive Officer; Pete Nordstrom, President; and Cathy Smith, Chief Financial Officer, who will provide a business update and discuss the company's first-quarter performance.

Please note that when discussing our results and outlook, we will be referring to them on an adjusted basis for EBIT, EBIT margin, and earnings per share. Reconciliations to the most directly

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