Nordstrom

Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes, and accessories. It operates through the following segments: Retail and Corporate/Other. The Retail segment consists of a selection of high-quality, brand-name, and private label merchandise, which includes apparel, shoes, cosmetics, and accessories for women, men, young adults, and children. The Corporate/Other segment includes unallocated corporate expenses and assets, inter-segment eliminations, and other adjustments to segment results. The company was founded by John W. Nordstrom in 1901 and is headquartered in Seattle, WA.

Earnings data Q4 2020

Earnings data Q1 2021

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Nordstrom reports Q1 loss, plans Rack expansion amid macro challenges

Nordstrom is focused on improving profitability amidst macroeconomic challenges. The company made progress in supply chain optimization and inventory management. Despite the impact of Canadian operations wind-down, Nordstrom remains confident in the future importance of designer products and expects continued improvement in this area.

Nordstrom reports solid Q2 results, focuses on digital sales and inventory management

Nordstrom's Q2 performance was solid, with a focus on digital sales and inventory management. Challenges include shrinkage and soft traffic trends. Opportunities lie in online growth, appealing to younger customers, and leveraging AI for retail success.

Nordstrom reports Q3 revenue of $3.3B, focuses on improving profitability

Nordstrom's Q3 performance reflects a focus on improving inventory productivity and driving profitability in the digital off-price business. Despite challenges in net sales and the wind down of Canadian operations, the company is optimistic about driving profitable growth and maintaining good inventory levels to meet customer demand.

Nordstrom reports Q4 growth, eyes digital expansion amid revenue challenges

Nordstrom's Q4 performance reflects revenue growth and successful inventory management, but challenges lie in customer pullback and revenue decline projections for 2023.
Strengths include strong ROI from Rack stores, digital growth potential, and focus on inventory optimization, while challenges include customer trends and credit revenue declines.
Opportunities in investments, store expansion, and operational enhancements position Nordstrom for future growth and profitability.
Overall, Nordstrom aims to navigate challenges, capitalize on strengths, and leverage opportunities to drive sustainable growth and enhance shareholder value.

Nordstrom reports mixed Q1 results, focuses on profitability and growth

Nordstrom's Q1 performance showed mixed results with improvements in Rack sales and inventory productivity but challenges in the designer category.
The company is strategically focused on profitability, supply chain optimization, and leadership additions to drive growth.
While facing macroeconomic pressures and customer demand challenges, Nordstrom sees opportunities in network enhancements and brand penetration.
Overall, Nordstrom remains committed to navigating challenges, improving performance, and capitalizing on growth opportunities in 2023.

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Nordstrom Inc. JWN, -2.23% shares fell 7.3% in extended trades Thursday after the company reported a wider-than-expected first-quarter loss although revenue topped analysts' estimate. The department-store chain reported a net loss of $39 million, or a loss of 24 cents a share.

Nordstrom shares fall after wider-than-expected Q1 loss

Nordstrom beat Wall Street expectations for first-quarter revenue on Thursday, as the department store chain's efforts to stock up shelves with fresher clothing and footwear offerings helped drive demand.

Nordstrom tops quarterly revenue estimates as newer products boost demand

The department store operator Nordstrom stuck by its full-year forecast despite the miss.

Nordstrom misses Wall Street's earnings expectations, as off-price chain Rack lifts sales

Strong sales growth at both banners during first quarter Nordstrom Rack net sales up double-digits, with comparable sales up 8 percent Gross profit constrained due to timing and other factors Reaffirms fiscal 2024 outlook SEATTLE , May 30, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported a first quarter net loss of $39 million, or loss per share of $0.24, and loss before interest and taxes of $21 million. For the first quarter ended May 4, 2024, net sales increased 5.1 percent versus the same period in fiscal 2023, and total Company comparable sales increased 3.8 percent.

Nordstrom Reports First Quarter 2024 Earnings

Nordstrom's (JWN) first-quarter fiscal 2024 results are likely to show the impacts of a tough operating environment and higher SG&A expenses.

Here's How Nordstrom (JWN) is Positioned Ahead of Q1 Earnings

Besides Wall Street's top -and-bottom-line estimates for Nordstrom (JWN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended April 2024.

Gear Up for Nordstrom (JWN) Q1 Earnings: Wall Street Estimates for Key Metrics

Nordstrom (JWN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Nordstrom (JWN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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As their customers age, Macy's, Kohl's and Nordstrom are chasing younger shoppers

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Nordstrom (JWN) redesigns its flagship brand to give it trendy look. The company is focused on improving the Nordstrom Rack banner as well.

Here's Why You Should Retain Nordstrom (JWN) in Your Portfolio

SEATTLE , May 9, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced that it will report its first quarter 2024 financial results after the close of the financial markets on Thursday, May 30, 2024. The announcement will be followed by a conference call at 4:45 p.m.

Nordstrom to Report First Quarter 2024 Financial Results on May 30

Nordstrom (JWN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Nordstrom (JWN) Could Beat Earnings Estimates Again

Nordstrom (JWN) plans to open a 30,000-square-foot Nordstrom Rack in Apple Valley by spring 2025, offering online order pick-up and easy returns.

Nordstrom (JWN) to Expand Reach With New Rack in Minnesota

SEATTLE , May 6, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open a new  Nordstrom Rack  in Apple Valley, Minnesota in spring 2025.

Nordstrom Rack to Open New Location in Apple Valley, Minnesota

Sycamore Partners, a buyout equity firm that owns department store operator Belk, is reportedly among the firms interested in taking Nordstrom private. The company is engaged in negotiations that are likely to take weeks, and there is no certainty that a deal will be reached, Reuters reported Friday (May 3).

Report: Sycamore Partners Interested in Taking Nordstrom Private

Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom private, according to people familiar with the matter.

Exclusive: Buyout firm Sycamore vies to take Nordstrom private, sources say

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Nordstrom will roll out a new digital marketplace on its website, Nordstrom.com, along with an enhanced search feature. The marketplace will provide the luxury retailer's customers with a wider selection of products, brands and sizes, while allowing its brand partners to showcase more of their products, Nordstrom said in a Monday (April 29) blog post.

Nordstrom to Roll Out Digital Marketplace, Enhanced Search Feature

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NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Nordstrom, Inc. (NYSE: JWN) concerning the Company and its directors' and officers' possible violations of state laws. If you own Nordstrom stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New York, NY 10169 at tkennedy@glan.

Glancy Prongay & Murray LLP Announces Investigation of Nordstrom, Inc. (JWN)

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It's a repeat effort. After a try in 2017, the two Nordstrom brothers are trying again to take their company private and out of the limelight.

Nordstrom Brothers Seek To Take Their Company Private

Nordstrom, Inc. (NYSE:JWN), founding family is interested in taking the department store chain private, the company announced on Friday. Upon interest in a go-private deal from CEO Erik Nordstrom and president Pete Nordstrom, the company said it has created a special committee of independent directors to evaluate this avenue.

Nordstrom to consider founding family's interest in taking retailer private

News for Nordstrom Stock (JWN)