Nordstrom Q4 EPS $0.97 ($1.10 adj.), comparable sales +4.7%; CFO Cathy Smith to step down

NORDSTROM INC

2024-FY EPS reported $1.74 revenue$15,016,000,000

Q4 net earnings $165M, EPS $0.97; adjusted EPS $1.10 excluding privatization fees and accelerated tech depreciation.
Total company comparable sales +4.7% vs realigned 13-week quarter; Nordstrom banner +5.3%, Rack +3.5%.
FY2024 net earnings $294M, EPS $1.74; adjusted EPS $2.17 on adjusted EBIT of $593M (4.1% of sales).
CFO Cathy Smith to step down after Form 10-K filing; company has initiated a comprehensive search for a successor.
Quarterly dividend of $0.19 per share declared, payable March 26, 2025 to holders of record March 11.

item 2.02 item 5.02 item 7.01 item 9.01

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Departed

Catherine R. Smith

Chief Financial Officer

NORDSTROM INC

Filed: March 4, 2025, 6:59 PM ET

On February 27, 2025, Catherine R. Smith, the Company’s Chief Financial Officer, informed the Company of her intention to step down from her role following the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2025, anticipated to be within the next month.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Catherine R. Smith departed as Chief Financial Officer at NORDSTROM INC.

Action: stepped down
Role: Chief Financial Officer

Exact text from the filing

On February 27, 2025, Catherine R. Smith, the Company’s Chief Financial Officer, informed the Company of her intention to step down from her role following the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2025, anticipated to be within the next month.

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Source: SEC EDGAR

accession 0001213900-25-019760

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