ATLANTA — Upscale department store chain Nordstrom Inc. reported higher fiscal fourth-quarter earnings Monday, helped by improved sales and cost controls, but its shares eased as the results trailed analysts' average forecast by a penny.
Earnings came to $232.3 million, or 89 cents a share, for the quarter ended Feb. 3, up 22% from $190.4 million, or 69 cents, a year earlier. The most recent quarter included an extra week because a calendar shift. Analysts on average had expected 90 cents a share, according to Reuters Estimates.
