Nordstrom, Inc. (JWN)
| Market Cap | 3.51B |
| Revenue (ttm) | 14.85B |
| Net Income (ttm) | 299.00M |
| Shares Out | 163.65M |
| EPS (ttm) | 1.83 |
| PE Ratio | 11.72 |
| Forward PE | 11.15 |
| Dividend | $0.76 (3.54%) |
| Ex-Dividend Date | Jun 4, 2024 |
| Volume | 911,411 |
| Open | 21.26 |
| Previous Close | 21.25 |
| Day's Range | 21.22 - 21.62 |
| 52-Week Range | 12.88 - 23.54 |
| Beta | 2.59 |
| Analysts | Sell |
| Price Target | 17.23 (-19.67%) |
| Earnings Date | Aug 22, 2024 |
About JWN
Nordstrom, Inc., a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. It offers a range of brand-name and private-label merchandise through various channels, such as Nordstrom branded stores and online at Nordstrom.com; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores; Nordstrom Locals; ASOS; Nordstromrack.com; mobile application; and clearance stores under the Last Chance name. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington. [Read more]
Financial Performance
In 2023, Nordstrom's revenue was $14.69 billion, a decrease of -5.39% compared to the previous year's $15.53 billion. Earnings were $134.00 million, a decrease of -45.31%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for JWN stock is "Sell." The 12-month stock price forecast is $17.23, which is a decrease of -19.67% from the latest price.
News
Nordstrom Rack to Open New Location in Houston
SEATTLE , June 25, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open a new Nordstrom Rack in Houston in spring 2025.
Nordstrom Rack to Open New Location in Tarzana, California
SEATTLE , June 18, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open a new Nordstrom Rack in Tarzana, California in fall 2024.
What I Learned From Costco, Best Buy, The Gap, Kohl's, Nordstrom And Ulta Beauty Last Thursday
Last Thursday was a tough day for analysts. During the day, several companies reported their recent quarterly results, and there was a lot to absorb. Every company we surveyed discussed the fact that ...
Nordstrom taps Rack as growth driver, tackles external theft in its transportation network
Nordstrom Inc.'s Rack business featured prominently in the company's first-quarter results Thursday as the department-store chain targets the off-price stores as a growth driver.
Nordstrom Stock Turns Higher as Retailer Gets a Boost From Its Rack Stores
Nordstrom (JWN) reported a wider-than-expected loss for the first quarter but beat analysts' estimates for revenue as sales at its off-price Nordstrom Rack stores jumped. Shares of Nordstrom initially...
Nordstrom Sees Exclusive Events Drive Luxury Shoppers' Loyalty
As retailers look for ways to boost sales with their most loyal customers, Nordstrom is finding that supplementing its digital loyalty program with in-person events is driving engagement.
Nordstrom shares fall after wider-than-expected Q1 loss
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-s...
Nordstrom tops quarterly revenue estimates as newer products boost demand
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 dem...
Nordstrom misses Wall Street's earnings expectations, as off-price chain Rack lifts sales
The department store operator Nordstrom stuck by its full-year forecast despite the miss.
Nordstrom Reports First Quarter 2024 Earnings
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 Reaffirm...
Nordstrom Board of Directors Approves Quarterly Dividend
SEATTLE , May 22, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced today its board of directors approved a quarterly dividend of 19 cents per share payable on June 19, 2024, to shareholders ...
As their customers age, Macy's, Kohl's and Nordstrom are chasing younger shoppers
Baby Boomers make up a sizeable chunk of the retailers' shoppers and investors aren't convinced that Gen Z and Millennials will age into shopping at the stores.
Nordstrom to Report First Quarter 2024 Financial Results on May 30
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, 2...
Nordstrom Rack to Open New Location in Apple Valley, 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.
Report: Sycamore Partners Interested in Taking Nordstrom Private
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 ...
Exclusive: Buyout firm Sycamore vies to take Nordstrom private, sources say
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.
Nordstrom to Roll Out Digital Marketplace, Enhanced Search Feature
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 select...
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
A decade ago, Amazon.com was all the worry in the retail industry — and retailers, to some degree, adapted. But UBS analysts have suggested that e-commerce isn't done with the brick-and-mortar store j...
Glancy Prongay & Murray LLP Announces Investigation of Nordstrom, Inc. (JWN)
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...
Nordstrom Brothers Seek To Take Their Company Private
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 CEO, President Aim to Take Company Private
Nordstrom's CEO Erik Nordstrom and President Pete Nordstrom have told the retailer's board that they're interested in taking the company private. As a result, the board has formed a special committee ...
Nordstrom family tries again to take department store private, forms special committee
The Nordstrom family is once again considering taking the department store private and has formed a special committee to evaluate bids.
Nordstrom Says It Will Evaluate If Family Should Take Company Private
The department store is forming a special committee to explore a bid to take the company private.
Nordstrom forms panel to evaluate founder family's interest in take-private deal
Nordstrom said on Thursday that its board had formed a special committee of independent directors in response to the Nordstrom family's interest in exploring a go-private deal.
Nordstrom Family Weighs Taking Retailer Private
The department-store chain has formed a special board committee and tapped bankers to consider a potential bid.