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 Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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 Rack revenue jumped nearly 15%, suggesting consumers are prioritizing value.

Nordstrom Stock Tumbles After Earnings. Soft Guidance Strikes Again.

Nordstrom, Inc. (NYSE:JWN) shares tumbled almost 10% afterhours as the embattled department store issued weak profit guidance for fiscal 2024 which overshadowed a stronger-than-expected performance during the holiday quarter.   It said it expects to report earnings per share (EPS) in the range of $1.65 to $2.05 for fiscal 2024, below Wall Street estimates of $2.07.

Nordstrom's weak 2024 guidance sends shares lower despite 4Q earnings beat

Nordstrom forecast annual revenue and profit largely below Wall Street expectations on Tuesday, signaling a slower-than-expected rebound in demand even as consumers see some relief from easing inflationary pressures.

Nordstrom's weak 2024 forecasts overshadow strong holiday-quarter sales

The department store retailer said revenue for the year ahead will range from a 2% decline to a 1% gain compared with the previous year.

Nordstrom ekes out a revenue beat, but warns of potential declines in 2024

Revenue and earnings in line with fiscal 2023 outlook Sales in both banners improve sequentially, Nordstrom Rack posts double-digit growth during quarter Company provides fiscal 2024 outlook SEATTLE , March 5, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported fourth quarter net earnings of $134 million, or $0.82 per diluted share ("EPS"), for the 14-week quarter ended February 3, 2024. Excluding a supply chain asset impairment and related charge, the Company reported adjusted EPS of $0.96.1 For the 53-week fiscal year ended February 3, 2024, net earnings were $134 million and diluted EPS was $0.82, with earnings before interest and taxes ("EBIT") of $251 million, or 1.8 percent of sales.

Nordstrom Reports Fourth Quarter 2023 Earnings

Nordstrom's (JWN) fourth-quarter fiscal 2023 numbers are likely to show gains from the expansion of the Nordstrom Rack and its digital capabilities.

Nordstrom (JWN) to Report Q4 Earnings: What's in the Offing?

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 January 2024.

Seeking Clues to Nordstrom (JWN) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Nordstrom (JWN) doesn't possess 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) Reports Next Week: Wall Street Expects Earnings Growth

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Nordstrom (JWN) reveals plans to open a Nordstrom Rack in Manalapan Township, NJ in spring 2025.

Nordstrom (JWN) Plans to Introduce a Rack Store in New Jersey

SEATTLE , Feb. 13, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced that it will report its fourth quarter 2023 financial results after the close of the financial markets on Tuesday, March 5, 2024. The announcement will be followed by a conference call at 4:45 p.m.

Nordstrom to Report Fourth Quarter 2023 Financial Results on March 5

SEATTLE , Feb. 13, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open a new  Nordstrom Rack  in Manalapan Township, New Jersey in spring 2025.

Nordstrom Rack to Open New Location in Manalapan Township

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

Nordstrom Rack to Open New Location in Geneva, Illinois

Nordstrom (JWN) is set to expand in North Carolina with its new stores in Raleigh and Matthews, focusing on enhancing the shopping experience and community engagement as part of its growth strategy.

Nordstrom (JWN) to Expand With New Racks in North Carolina

Global Net Lease

SEATTLE , Jan. 30, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open two new Nordstrom Rack  stores in North Carolina.

Nordstrom Rack to Open Two New North Carolina Stores in Raleigh and Matthews

SEATTLE , Jan. 25, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open a new  Nordstrom Rack  in Fort Myers, Florida in fall 2024.

Nordstrom Rack to Open New Location in Fort Myers, Florida

Nordstrom's (JWN) focus on the improvement of the Nordstrom Rack looks encouraging. Its digital efforts are also appreciated.

Here's Why Nordstrom (JWN) is Well Poised for Growth in 2024

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Nordstrom (JWN) continues its store expansions with a Rack store in Houston. This is in line with its long-term strategy.

Nordstrom's (JWN) Expansion on Track With New Texas Rack Store

SEATTLE , Dec. 21, 2023 /PRNewswire/ -- Seattle-based fashion retailer  Nordstrom, Inc . (NYSE: JWN) announced plans to open a new  Nordstrom Rack  in Houston, Texas in fall 2024.

Nordstrom Rack to Open New Location in Houston, Texas

The opening of Nordstrom's (JWN) store in Omaha is expected to have a positive impact on the local retail landscape, offering a new shopping destination for residents and visitors.

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

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SEATTLE , Dec. 19, 2023 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc . (NYSE: JWN) announced plans to open a new  Nordstrom Rack in Omaha, Nebraska.

Nordstrom Rack to Open New Location in Omaha, Nebraska

The investor-led $5.8 billion bid for the acquisition of Macy's Inc. NYSE: M sent the company's shares soaring over 20%. Retailer stocks in the consumer discretionary sector spiked as well.

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The inauguration of the Nordstrom Rack store in Noblesville, IN, signifies Nordstrom's (JWN) strategic effort to increase its physical presence and improve its digital services.

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

News for Nordstrom Stock (JWN)