Nordstrom(JWN)

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Nordstrom Rack to Open New Location in Coral Springs, Florida
Prnewswire· 2024-07-09 16:00
SEATTLE, July 9, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Coral Springs, Fla. in fall 2025. "Nordstrom Rack is a fantastic operator, and their presence should be well received by the local community," said Patrick McKinley, Senior Vice President of Regency Centers. "We can't wait to see them open their doors at Pine Ridge Square." Nordstrom is committed to investing in the diverse communities where it operates. Over the p ...
NORDSTROM ANNIVERSARY SALE STARTS ON JULY 15
Prnewswire· 2024-06-27 14:00
We're proud to offer a broad assortment of brands our customers will love, with more than 50 brands new to the event this year including Dr. Martens, JW PEI, Lizzie Fortunato, Osprey, SALT & STONE, Varley and many more. Treat yourself to everyday beauty indulgences from the best brands, including Armani Beauty, Augustinus Bader, Bobbi Brown, Charlotte Tilbury, Clé de Peau Beauté, La Mer, MAC Cosmetics, Sisley Paris, Trish McEvoy, Westman Atelier, Yves Saint Laurent, and more. Whether you're looking for luxu ...
Nordstrom (JWN) Prepares to Open a Rack Store in Houston
ZACKS· 2024-06-26 15:30
The new store aims to enhance customer convenience by offering services such as online order pickup from Nordstrom.com and NordstromRack.com, along with easy return options, simplifying the shopping experience for customers. The company looks forward to serving customers in the Houston market with a wide range of great brands at attractive prices. Nordstrom Rack's Role & Offerings Expansion in Texas The new Nordstrom Rack store in Houston is set to offer customers a convenient and enjoyable shopping experie ...
Nordstrom Rack to Open New Location in Houston
Prnewswire· 2024-06-25 16:00
"We look forward to opening this new location in the Houston market and continuing to serve 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 Houston market and introduce new customers to the Nordstrom experience." "We are delighted that Nordstrom Rack is joining Westchase Shopping Center," said Andrew Bell, Vice President of Leasing for Kimco's Texas Region. "Their iconic brand and high-qual ...
Nordstrom (JWN) on Track With Long-Term Plans: Apt to Hold?
ZACKS· 2024-06-24 15:00
The company is benefiting from increased emphasis on Nordstrom Rack. Management remains focused on enhancing customer experience, improving the Nordstrom Rack performance, increasing inventory productivity and progressing on supply-chain optimization initiatives. The company is confident about the strength of brands, and the ability to drive profitable growth and deliver long-term value to shareholders. Shares of this Zacks Rank #3 (Hold) company have gained 12.6% in the past three months compared with the ...
Nordstrom (JWN) to Open Rack Store in California's Tarzana
ZACKS· 2024-06-19 13:51
The latest addition is set to serve the Tarzana community with a wide array of high-quality brands at attractive prices. The expansion aims to introduce more people to the Nordstrom experience while offering a diverse selection of on-trend apparel, accessories, beauty products, home goods, and shoes at discounted prices, making it an appealing destination for budget-conscious shoppers. Nordstrom, Inc. (JWN) has announced plans to open a Nordstrom Rack in Tarzana, CA, by fall 2024. This store will be located ...
Nordstrom Rack to Open New Location in Tarzana, California
Prnewswire· 2024-06-18 16:00
SEATTLE, June 18, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Tarzana, California in fall 2024. Lionello added that in this location "customers will be able to take advantage of our convenient services such as online order pick up from both Nordstrom.com and NordstromRack.com, and they can make returns easily." "We could not be more excited to welcome Nordstrom Rack to Village Walk's strong lineup of retailers," said Michael ...
Nordstrom: Promising Sales Growth, But Margin Pressures Remain A Challenge
Seeking Alpha· 2024-06-09 16:33
Sales and earnings outlook Balance sheet and inventory Higher debt levels in a high interest rate environment can also make some investors wearier. However, the structure of Nordstrom's debt means that a higher-for-longer rate environment would not impact it materially unless the higher interest rate environment persists beyond 2027. The bulk of Nordstrom's $2.9 billion in debt matures between 2027 and 2044 while management has indicated that the debt maturing in 2024 would be repaid with cash on hand. In i ...
Nordstrom(JWN) - 2025 Q1 - Quarterly Report
2024-06-07 20:44
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 4, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to___________ Commission File Number: 001-15059 Nordstrom, Inc. (Exact name of registrant as specified in its charter) (State or ot ...
Nordstrom(JWN) - 2024 Q1 - Earnings Call Presentation
2024-05-31 00:28
12 ● Early Access starts July 9th, and public access starts July 15th; event ends August 4th Q1 SALES STRENGTH OFFSET BY GROSS MARGIN 15 16 NORDSTROM Considerations Expect typical quarterly cadence NORDSTROM OUR CAPITAL ALLOCATION PRIORITIES REMAIN UNCHANGED REDUCE LEVERAGE 3.45 OPFI + 3.4800 + 3.4800 3.49 3.45 3.49 + 3.4800 能 192,900 192,900 能 3.17 3.17 3.54 3.54 OppFi" OppFi" OppFi" 3.11 3.37 CAPEX of 3% to 4% of net sales Targeting leverage ratio below 2.5x over time ■ Through combination of earnings imp ...