Nordstrom family offers $3.8B to take upscale department-store chain private
“That the Nordstrom family have made an offer to buy the department store chain comes as no surprise. What is interesting is the $23 a share value which is pretty much the current price of the stoc...
Nordstrom's Winning Formula: 3 Factors Behind the Stock's Success
It's a tale of two retail department stores on the opposite ends of the financial spectrum. Nordstrom Inc. NYSE: JWN stock is trading up 21% year-to-date (YTD), while Macy's Inc. (NYSE: M) stock is...
Nordstrom Rack is opening almost two dozen new locations in 2024. Here's a full list and map
Retail earnings season has been a mix of hits and misses over the past few weeks, with industry giants like Walmart and Target beating sales expectations with help from aggressive discounts while M...
Nordstrom Stock Surges After Blowout Earnings
The department-store chain smashed expectations and slightly raised its full-year guidance.
Nordstrom, Inc. (JWN) Q2 2024 Earnings Call Transcript
Nordstrom, Inc. (NYSE:JWN ) Q2 2024 Earnings Conference Call August 27, 2024 4:45 PM ET Company Participants James Duies - Head, IR Erik Nordstrom - CEO Peter Nordstrom - President Cathy Smith - CF...
Digital Transactions Now 37% of Nordstrom's Total Sales, CEO Says
Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. During the company's second-quarter earnings call Tuesday (Aug. 27), CEO Erik Nordstrom said digital...
Boring Regular Trading, Big After-Market on Q2 Beats: JWN, AMBA, BOX
Nordstrom (JWN), PVH (PVH), Box (BOX) and Ambarella (AMBA) all beat Q2 earnings estimates.
Nordstrom (JWN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Nordstrom (JWN) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Stre...
Nordstrom (JWN) Beats Q2 Earnings and Revenue Estimates
Nordstrom (JWN) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.84 per share a year ago.
Nordstrom easily beats earnings estimates, but issues cautious guidance
Nordstrom handily beat Wall Street's earnings estimates as its efforts to cut costs and boost efficienies begin to bear fruit. Despite the strong earnings beat, the company issued tepid guidance fo...
Nordstrom (JWN) Set to Launch a Nordstrom Rack Store in Arizona
Nordstrom (JWN) is set to enhance its store portfolio with the opening of a new Nordstrom Rack in Surprise, AZ, in fall 2025.
Nordstrom closing corporate offices in Los Angeles and Chicago
Nordstrom is closing two corporate offices and asking some employees to relocate to its Seattle headquarters, GeekWire has learned.
Nordstrom (JWN) to Open New Rack Store in Coral Springs, Florida
Nordstrom (JWN) plans to open a 31,000-square-foot Nordstrom Rack in Coral Springs, FL, in fall 2025, offering a wide range of high-quality brands at affordable prices.
Nordstrom May Be Surprise Winner From Saks-Neiman Marcus Merger
The Wall Street Journal just broke the news that luxury retail leaders Saks Fifth Avenue and Neiman Marcus Group (NMG) have reached a merger agreement. Saks will pay $2.65 billion to acquire NMG an...
Nordstrom: Promising Sales Growth, But Margin Pressures Remain A Challenge
Nordstrom's off-price business, Rack, has outperformed the rest of the company, leading to mixed views on its future growth. Rack's sales growth has been driven by consumers returning to the busine...
Related Companies