Core Insights - Shapellx has launched its products on the Nordstrom Online Marketplace, enhancing accessibility for consumers and promoting body positivity [1][2][3] - The partnership with Nordstrom is part of Shapellx's broader retail strategy to solidify its leadership in the shapewear industry through innovative designs and advanced fabric technologies [2][3] - Shapellx has been recognized with the 2025 American Good Design Awards for its innovative products, and it plans to unveil a new shapewear line, INNER ARMOR 2.0, that combines fashion with functionality [4] Company Strategy - The launch on Nordstrom's platform is a significant step in Shapellx's strategy to reach a wider audience and enhance brand visibility [2] - Shapellx aims to redefine industry standards by focusing on body positivity and high-performance shapewear, aligning with consumer needs [3] - The collaboration with TikTok for a Super Brand Day campaign indicates Shapellx's commitment to leveraging social media for brand growth and consumer engagement [4] Product Innovation - Shapellx's award-winning products are designed to deliver comfort, support, and style, showcasing the brand's commitment to innovation [4] - The upcoming INNER ARMOR 2.0 line is expected to further enhance the brand's reputation for blending fashion with functionality [4]

Nordstrom, Inc. (JWN) is strengthening its digital capabilities, driving growth and enhancing customer engagement. It has been quite focused on driving Nordstrom banner growth, optimizing operations and building momentum at Nordstrom Rack. Digital efforts are also underway.The company’s shares have surged 31.7% in the past year, outperforming the Zacks Retail - Apparel and Shoes industry’s 16.5% decline and the S&P 500 index’s 5.4% increase. The broader Retail-Wholesale sector rose 11.5% in a year.  Let’s d ...

A month has gone by since the last earnings report for Nordstrom (JWN) . Shares have added about 0.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Nordstrom due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It turns out, e ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Nordstrom (JWN) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Nordstrom is a member of our Retail-Wholesale group, which includes 214 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank co ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Stock Analysis - Nordstrom (JWN) - Nordstrom (JWN) has shown a four-week price change of 0.2%, indicating growing investor interest [4] - Over the past 12 weeks, JWN's stock gained 0.9%, with a beta of 2.6, suggesting it moves 160% higher than the market in either direction [5] - JWN has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - JWN is trading at a Price-to-Sales ratio of 0.27, meaning investors pay 27 cents for each dollar of sales, indicating a reasonable valuation [7] Group 3: Additional Investment Opportunities - Besides JWN, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks [9]

Valuation - Nordstrom, Inc. (JWN) is trading at a forward 12-month price-to-earnings ratio of 11.32, which is below the industry average of 16.46 and the Retail-Wholesale sector's average of 23.05, indicating it is undervalued relative to its peers [1] - The current stock price is $24.37, reflecting a 2.5% discount from its 52-week high of $24.99 [3] Price Performance - JWN shares have increased by 31% over the past year, outperforming the Zacks Retail - Apparel and Shoes industry's decline of 3.1% and the S&P 500 index's increase of 11.3% [3] - The stock is trading above its 200-day and 50-day moving averages of $23.24 and $21.66, respectively, indicating a sustained upward trend [3] Growth Drivers - Nordstrom is focusing on growth at both the Nordstrom banner and Nordstrom Rack, optimizing operations and enhancing customer experience [5] - The company is committed to improving inventory management and refining its product mix to boost productivity [5] - The Nordstrom Rack banner is showing positive results through increased brand penetration and targeted improvements [6] Strategic Initiatives - The "Closer to You" strategy includes store expansion and localized offerings, enhancing accessibility and customer loyalty [6][8] - Nordstrom is enhancing its digital capabilities, with digital sales representing 38% of net sales in the fourth quarter of fiscal 2024 [11] - The company is leveraging technology to streamline operations and improve inventory management, focusing on faster delivery and personalized services [12] Financial Performance - In the fourth quarter of fiscal 2024, Nordstrom experienced a slight decline in total revenues but saw improvements in net sales and comparable sales growth [9] - Gross profit margin expanded due to improved merchandise margins, better inventory management, and reduced markdowns [10] - Adjusted SG&A expenses declined as a percentage of net sales, despite higher labor costs, contributing to strong year-over-year growth in adjusted EBIT [10] Earnings Estimates - The Zacks Consensus Estimate for earnings per share has seen upward revisions, with current estimates for the fiscal year increased by 5.5% to $2.13 and by 15.7% to $2.29 for the next fiscal year [13] Final Thoughts - JWN stock is appealing to investors due to its undervaluation relative to industry peers and strategic initiatives supporting long-term growth [15] - The company's strong execution and market positioning demonstrate resilience and growth potential, currently holding a Zacks Rank 1 (Strong Buy) [15]

Financial Performance - In 2024, Nordstrom reported net earnings of $294 million, representing 2.0% of net sales, with an adjusted EBIT of $593 million or 4.1% of net sales [151]. - Total Company net sales increased by 2.4% to $14.557 billion, with Nordstrom Rack sales rising by 8.0% to $5.167 billion, while Nordstrom sales decreased by 0.5% to $9.390 billion [162]. - Comparable sales for the Company increased by 3.6%, with women's apparel, active, men's apparel, kids, and shoes showing the strongest growth [152]. - Gross profit for fiscal year 2024 was $5,161 million, up $245 million from 2023, with gross profit as a percentage of net sales increasing to 35.5% [168]. - EBIT for 2024 was $495 million, an increase of $244 million from 2023, with an EBIT margin of 3.4% [172]. - Diluted EPS increased to $1.74 in 2024, up $0.92 from 2023, primarily due to higher sales [175]. - Net earnings for fiscal year 2024 were $294 million, significantly higher than $134 million in 2023 and $245 million in 2022, resulting in earnings per share of $1.79 [237]. Sales and Revenue - Digital sales accounted for 36% of total net sales, with a 2.3% increase compared to the previous year [162]. - Comparable sales increased by 3.6% in 2024 compared to 2023, indicating a positive performance trend [164]. - Nordstrom Rack comparable sales rose by 4.7% in 2024 compared to 2023, driven by an increase in both the number of items sold and average selling price [166]. - Total revenues for fiscal year 2024 were $15,016 million, compared to $14,693 million in 2023 and $15,530 million in 2022 [237]. - Net sales for fiscal year 2024 were $14,557 million, an increase from $14,219 million in 2023, but a decrease from $15,092 million in 2022 [321]. Operational Improvements - Operational improvements included the expansion of RFID technology, enhancing inventory accuracy and reducing inventory shrinkage [155]. - The Company launched a digital Marketplace on Nordstrom.com in Q1 2024, featuring over 400 sellers and aiming to scale further in 2025 [154]. - Nordstrom opened 23 new Nordstrom Rack stores in 2024 and plans to open a similar number in 2025, indicating a strong investment strategy [156]. Cash Flow and Investments - Cash and cash equivalents increased to $1,035 million as of February 1, 2025, up from $628 million in 2023, driven by changes in working capital [182]. - Net cash provided by operating activities increased by $646 million from 2023 to 2024, reaching $1,267 million, primarily due to changes in working capital and higher net earnings [186]. - Free Cash Flow for 2024 was $747 million, a significant increase from $54 million in 2023, reflecting improved operating cash flows [198]. - Capital expenditures, net for 2024 were $506 million, down from $534 million in 2023, with technology investments accounting for 56% of total capital expenditures [189]. Debt and Financing - Long-term debt remained relatively stable at $2,618 million as of February 1, 2025, compared to $2,612 million in 2024 [240]. - The company had no outstanding borrowings under the Revolver as of February 1, 2025, maintaining a short-term borrowing capacity of $771 million [330]. - Adjusted debt to EBITDAR ratio was 2.8 as of February 1, 2025, indicating the company's creditworthiness [205]. - Net cash used in financing activities increased by $263 million from 2023 to 2024, totaling $372 million, primarily due to the retirement of 2.30% senior notes [191]. Mergers and Acquisitions - The pending merger with members of the Nordstrom family and Liverpool is expected to close in the first half of 2025, transitioning Nordstrom to a private company [158]. - Nordstrom, Inc. will merge with Norse Holdings, Inc., with shareholders receiving $24.25 per share in cash upon closing [298]. - The merger is subject to certain closing conditions, including shareholder approvals and regulatory clearances [300]. Inventory and Assets - Ending inventory as of February 1, 2025, increased by 11% compared to February 3, 2024, despite a 2% decrease in sales in Q4 2024 [169]. - Merchandise inventories rose to $2,104 million as of February 1, 2025, compared to $1,888 million in 2024 [240]. - Total assets increased to $8,966 million as of February 1, 2025, from $8,444 million in the previous year [240]. - Land, property, and equipment net value as of February 1, 2025, was $3.039 billion, down from $3.177 billion in 2024 [322]. Expenses and Liabilities - SG&A expenses increased to $5,125 million in 2024, representing 35.2% of net sales, primarily due to higher labor costs and supply chain asset impairment charges [170]. - Total advertising expenses for the fiscal year were $318 million, slightly up from $313 million in the previous year [264]. - The company recorded a significant increase in accrued salaries, wages, and related benefits, rising to $424 million from $244 million in the previous year [240]. - Total lease cost, net for fiscal year 2024 was $372 million, an increase of 7.5% from $346 million in 2023 [325]. Accounting Changes - The company changed its accounting method for merchandise inventories from the retail inventory method to the weighted average cost method effective February 4, 2024 [228]. - The cumulative effect of changing the inventory accounting method resulted in a decrease to accumulated deficit of $39 million, net of tax of $14 million [280].

Group 1 - Halper Sadeh LLC is investigating potential violations of federal securities laws and breaches of fiduciary duties related to Nordstrom, Inc.'s sale to members of the Nordstrom family and El Puerto de Liverpool for $24.25 in cash per share [1] - Avalon GloboCare Corp. is undergoing a merger with YOOV Group Holding Limited, with Avalon shareholders expected to own approximately 2.5% to 2.2% of the combined company's common stock upon closing [2] - The firm may seek increased consideration for shareholders, additional disclosures, and other relief on behalf of shareholders, operating on a contingent fee basis [3] Group 2 - Shareholders are encouraged to contact Halper Sadeh LLC for discussions regarding their legal rights and options, with the firm representing investors globally who have experienced securities fraud and corporate misconduct [4]

Core Insights - Nordstrom, Inc. (JWN) reported fourth-quarter fiscal 2024 results with earnings exceeding expectations but a decline in revenue compared to the previous year [1][2] Financial Performance - Adjusted earnings per share (EPS) were $1.10, surpassing the Zacks Consensus Estimate of $0.90, and reflecting a 14.6% increase from $0.96 in the same quarter last year [2] - Total revenues amounted to $4.32 billion, a 2.1% decline year over year, missing the consensus estimate of $4.33 billion [4] - Net sales for the Nordstrom banner decreased 3.7% to $2.76 billion, while sales at Nordstrom Rack increased 1.2% to $1.45 billion [6][7] Sales and Growth Metrics - Comparable sales for the Nordstrom banner grew by 5.3%, while Nordstrom Rack saw a 3.5% increase [6][7] - Digital sales represented 38% of the company's net sales in the fiscal fourth quarter, although they fell 1.8% year over year [7] Profitability and Margins - Gross profit margin expanded by 290 basis points year over year to 37.3%, driven by merchandise margin expansion and improved shrink [8][10] - Adjusted selling, general and administrative (SG&A) expenses as a percentage of net sales were 33.7%, down 130 basis points year over year [11] Earnings Before Interest and Taxes (EBIT) - Adjusted EBIT rose 10.5% year over year to $273 million, with an adjusted EBIT margin expanding 240 basis points to 6.5% [12] Financial Health - As of February 1, 2025, Nordstrom had available liquidity of $1.8 billion, including $1 billion in cash and cash equivalents, and long-term debt of $2.6 billion [13] - The company generated $1.3 billion from operating activities and spent $516 million on capital expenditures in fiscal 2024 [14] Strategic Developments - Nordstrom reached an agreement to acquire all outstanding shares not already owned by the Nordstrom family and El Puerto de Liverpool, expected to close in the first half of 2025 [15]

Nordstrom's founding family is taking the retail chain private with help from a Mexican retailer.Bruce Nordstrom, whose grandfather started the department store in 1901, died last year.Here's how Nordstrom grew from a single location in Seattle into a fashion empire. The descendants of John W. Nordstrom are in the final stages of taking the eponymous department store chain private.Nordstrom's great-grandsons, Pete and Erik, who are now the company's President and CEO, respectively, are working with cousin J ...