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LOS ANGELES (Reuters) – Nordstrom Inc (JWN.N) prognosticate 2011 acquire beneath analysts' view on charges attendant to its HauteLook acquisition, the prototypal crinkle in an otherwise smooth progress of acquire reports from department stores, which hit been buoyed by consumers' willingness to spend.

The prognosticate from the upscale merchandiser came meet hours after lower-priced concern Kohl's Corp (KSS.N) -- which early on weekday raised its full-year prognosticate -- said that inner merchandise much as an upcoming distinction of Jennifer Lopez clothing would support sales.

Nordstrom's newborn 2011 prognosticate calls for earnings of $2.80 to $2.95 per share, downbound from $2.95 to $3.10 per deal previously.

The metropolis company said it due the effect of purchase business charges attendant to its HauteLook acquisition to reduce 2011 earnings by most 20 cents per share, including a 4-cent hit from the prototypal quarter. It additional that whatever of the effect would be offset by first-quarter deal repurchases.

Nordstrom executives said HauteLook, an online private understanding marketplace, was performing ahead of company plans and that it should place up roughly break-even operating results for the year.

Nordstrom shares lapse 1.9 percent in after-market trading, patch Kohl's ended the period up 3.9 percent.

"While there may be whatever disappointment that we didn't get an outright counselling raise, it's essential to note that direction has typically been quite cautious in its guidance," said Walter Stackow, an analyst with Manning & Napier, which owns Nordstrom stock.

"That said, the announcement of a significant buyback is an communication of management's confidence and saliency over the nearby term," said Stackow, who additional that he viewed the newborn 2011 earnings prognosticate as more of a "starting point".

How retailers module appendage ascension costs is one of the key questions for retailers in general, especially as higher matter and gasoline costs take into arbitrary spending.

Kohl's and competition Macy's Inc (M.N) said this hebdomad that initial tests in raising prices hit been acknowledged by consumers.

When it comes to raising prices, Nordstrom "is specially substantially positioned given their exposure to a higher income consumer that is less price conscious," Stackow said.

Well-heeled U.S. consumers pay a smaller proportionality of their amount income on basics same groceries and gas, and for months hit been boosting results at companies ranging from drink concern Starbucks Corp (SBUX.O) to organic and uncolored matter seller Whole Foods Market Inc (WFMI.O).

Shares in Nordstrom lapse to $48.25 in after-hours change from its near of $49.17. Kohl's winking at $55.68.

(Reporting by Lisa Baertlein and Brad Dorfman; redaction by Gunna Dickson)

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