Chesapeake Energy reported its 4Q2014 earnings on February 25, 2015. Adjusted net income was $34 million or $0.11 per share, down from $0.27 per share.
As of February 3, 2015, Nordstrom stock was trading at $80.70. Since 2014, the stock has appreciated by 30%, on par with its department store rival Kohl’s.
Nordstrom expects its ongoing expansion plans into Canada to impact earnings as a result of infrastructure and pre-opening costs.
On top of technology upgrades and fulfillment centers, Nordstrom has allocated 25% of its future spending to expand Canadian and Manhattan stores.
Nordstrom’s 4Q14 sales surged by 8.9% to $4.04 billion—well over the results from 4Q13 and exceeding analysts’ sales expectations of $4.01 billion.
Nordstrom’s 4Q14 earnings declined by 4.9% to $255 million. The Trunk Club acquisition impacted earnings before interest and taxes by $11 million.
In fiscal 2015, it plans to open four full-line stores in the US and two in Canada. Nordstrom also plans to open 27 more Nordstrom Rack stores in the US.
Nordstrom’s Rack stores sell clearance and end-of-season merchandise at deep discounts. Today there are 167 Nordstrom Rack stores across the US.
In fiscal 2014, Nordstrom’s operating margins declined by another 9.8% on the heels of a 10.8% decline in fiscal 2013.
Nordstrom is in expansion mode. Yet, about 59% of Nordstrom’s fiscal 2014 net sales were derived from its full-line stores, down from 63% in fiscal 2013.
After the overwhelming $1 billion success of eBay Deals over Thanksgiving weekend, eBay now plans to invest more resources and capital in eBay Deals.
Revenue from online shopping on Cyber Monday rose 15% compared to 2013. Most online sales happened on Apple devices.
Thanksgiving, Black Friday, Saturday, Sunday, and Cyber Monday are collectively called Cyber Five. eBay’s Cyber Five growth was 20.5%. Google’s was 5.8%.
eBay Deals has surpassed $1 billion in sales for the first time. This was a remarkable achievement for a company that once offered a single deal a day.
As part of eBay’s product innovation, the company has launched digital apps and products that empower users to make hassle-free digital mobile payments.
Braintree is growing rapidly, helping PayPal extend its reach in the mobile payment market.
eBay isn’t focused on same-day delivery. The company believes the majority of shoppers don’t like paying shipping costs associated with same-day delivery.
After the separation of PayPal and eBay, management wants to ensure each business is well capitalized with the flexibility to pursue eBay’s priorities.
In the 4Q14 earnings call, eBay’s management gave guidance for its business units, with PayPal’s 2015 revenue growth at 15%–18% on an FX-neutral basis.
EPS is an important metric that signifies the profitability of a company. eBay’s earnings per share was $0.90 in 4Q14 compared to Amazon’s $0.45 per share.