Nordstrom, Inc. (JWN)
| Market Cap | 3.45B |
| Revenue (ttm) | 14.69B |
| Net Income (ttm) | 134.00M |
| Shares Out | 163.26M |
| EPS (ttm) | 0.82 |
| PE Ratio | 25.85 |
| Forward PE | 12.58 |
| Dividend | $0.76 (3.59%) |
| Ex-Dividend Date | Mar 11, 2024 |
| Volume | 1,726,663 |
| Open | 21.48 |
| Previous Close | 21.51 |
| Day's Range | 20.85 - 21.61 |
| 52-Week Range | 12.88 - 23.53 |
| Beta | 2.60 |
| Analysts | Hold |
| Price Target | 16.54 (-21.98%) |
| Earnings Date | May 30, 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 "Hold." The 12-month stock price forecast is $16.54, which is a decrease of -21.98% from the latest price.
News
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.
Nordstrom forms special committee to explore going private
Department-store chain Nordstrom Inc. JWN has formed a special committee of independent directors to explore going private, the company said on Thursday. The chain's board made that decision after Eri...
Department stores face another squeeze. This time, in store credit card revenue
Store credit cards allow retailers to drive repeat purchases and make a cut of cash. Even before a new CFPB ruling, the revenue segment was under pressure.
Retail expert: Discount stores are thriving amid inflation
While consumer spending has remained relatively strong through inflation, retailers have struggled to stay relevant, with Macy's (M) announcing it will shutter 150 locations. Discount retailers like T...
Season of change for retailers? Former J. Crew CEO Mickey Drexler on the state of retail
Mickey Drexler, Alex Mill chairman and former J.Crew CEO and chairman, joins 'Squawk Box' to discuss the state of retail, why some brands are offering steeper discounts online than in-store, state of ...
Biden's late-fee crackdown is a blow to department stores. Shoppers should beware of what comes next.
Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion their bottom lines. Those cards, often laden with incentives, keep shoppers coming back...
Macy's, Nordstrom Eye Private Ownership While Adapting to Retail Market
The U.S. retail industry may be on the brink of a significant transformation as department store chains Nordstrom and Macy's consider a shift toward private-equity or hedge-fund ownership. These poten...
Nordstrom, Macy's deals could put private ownership back in vogue for US retailers
America's biggest publicly traded department store chains could be set for private-equity or hedge-funds ownership, dramatically changing the retail landscape in the United States.
Nordstrom (JWN) Going Private?
The Nordstrom founding family is looking to take the company private. The JWN stock price is trading higher today following the report.
Nordstrom Stock Soars on Report That Founding Family is Looking at Taking Company Private
Shares of Nordstrom Inc. (JWN) surged Tuesday on a report that the founding family of the upscale retailer was trying to take it private.
Nordstrom could go private. It would be the latest big retail recalibration amid weaker clothing demand.
Shares of Nordstrom Inc. rallied on Tuesday following a report that the department-store chain was looking to go private — the latest effort by a major retailer to shake up business after two years of...
Nordstrom Mulls New Privatization Bid as Department Stores Struggle
Nordstrom's founding family is reportedly mounting another effort to take the retailer private. The department store chain is in negotiations with banks on the deal, Reuters reported Tuesday (March 19...
Nordstrom shares jump as founding family seeks to take retailer private: sources
Nordstrom has asked investment banks Morgan Stanley and Centerview Partners to reach out to private equity firms and gauge their interest for a potential deal.