Nordstorm shares fall 2% following downside guidance Nordstrom (JWN $53.26 -1.26) reported fourth quarter earnings of $1.40 per share, $0.06 better than the Capital IQ consensus of $1.34;, while revenues rose 13.5% year/year to $3.6 billion versus the $3.64 billion  consensus. The company issued downside guidance for fiscal year 2014, sees EPS of $3.65-3.80 versus the $3.97 Capital IQ consensus. The Company's expectations for fiscal 2013, which are shown in comparison to the 53-week fiscal 2012 where applicable, are as follows: Total sales 4.5 to 6.5 percent increase. Same-store sales 3.5 to 5.5 percent increase. Credit card revenues $0 to $5 million increase. Gross profit (%) 10 to 30 basis point decrease. Retail selling, general and administrative expenses (%) 10 to 30 basis point decrease. Credit selling, general and administrative expenses ($) $20 to $30 million increase. Interest expense, net $5 million decrease. Effective tax rate 39.0 percent. Diluted shares outstanding Approximately 203 million
 

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