As part of its store expansion strategy, Nordstrom, Inc. (JWN) unveils a plan to open a new Nordstrom Rack in Surprise, AZ, in fall 2025. The new store, covering a 26,000-square-foot area, will be located in Prasada North, a famous shopping center that also includes Target and Starbucks. The addition of the new store is set to serve the Surprise community with a wide array of high-quality brands at competitive prices. The evolution of Nordstrom Rack in Surprise will bring exciting fashion options to meet th ...

The upcoming report from Nordstrom (JWN) is expected to reveal quarterly earnings of $0.75 per share, indicating a decline of 10.7% compared to the year-ago period. Analysts forecast revenues of $3.85 billion, representing an increase of 2.1% year over year. The current level reflects a downward revision of 7.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. P ...

Nordstrom, Inc. (JWN) is scheduled to release second-quarter fiscal 2024 numbers on Aug 27, after the closing bell. This fashion specialty retailer is expected to have witnessed revenue growth in the to-be-reported quarter. The Zacks Consensus Estimate for revenues is pegged at $3.84 billion, which indicates a rise of 1.9% from the figure reported in the year-ago quarter. The consensus estimate for earnings is pegged at 75 cents per share, which indicates a decline of 10.7% from that reported in the year-ag ...

SEATTLE, Aug. 20, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Surprise, Ariz. in fall 2025. "We look forward to being a part of the Surprise community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack. "We're excited to grow our footprint in the Phoenix market and introduce new customers to the Nordstrom experience." Lionello added that in th ...

The market expects Nordstrom (JWN) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 27, 2024, might help the stock move higher if these key numbers are bett ...

SEATTLE, Aug. 13, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Morrisville, North Carolina in spring 2025. "We look forward to being a part of the Morrisville community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack. "We're excited to grow our footprint in the Raleigh market and introduce new customers to the Nordstrom experience." Lionello ...

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SEATTLE, Aug. 6, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced that it will report its second quarter 2024 financial results after the close of the financial markets on Tuesday, August 27, 2024. The announcement will be followed by a conference call at 4:45 p.m. EDT, in which senior management will provide a business update and discuss the company's second quarter financial results along with the 2024 outlook. The 45-minute conference call will be available by telephone and audio webcast at inv ...

Nordstrom's Rack banner also remains on track to increase productivity throughout its network, reduce transportation costs and delivery times and enhance services via faster delivery. The company continues focusing on introducing more premium brands at Rack, better assortment and increased brand awareness. Image Source: Zacks Investment Research Bottlenecks to Growth Final Thoughts This Zacks Rank #3 (Hold) company's shares have gained 28.1% in the past three months, outperforming the industry's 7.9% growth ...

Nordstrom, Inc. (JWN) has announced plans to open a new Nordstrom Rack in Coral Springs, FL, in fall 2025. This new store will enhance the company's presence in the Miami market and provide the Coral Springs community with a wide range of high-quality brands at affordable prices. The new store in Coral Springs will feature a 31,000-square-foot space situated in Pine Ridge Square, a popular shopping center that includes The Fresh Market and Ulta. Pine Ridge Square, owned and managed by Regency Centers, is id ...