Wall Street analysts forecast that Nordstrom (JWN) will report quarterly earnings of $0.23 per share in its upcoming release, pointing to a year-over-year decline of 8%. It is anticipated that revenues will amount to $3.33 billion, exhibiting an increase of 0.3% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections d ...

Nordstrom, Inc. (JWN) continues to bolster its growth strategy with plans to open a Nordstrom Rack store in Lakeland, FL, by fall 2025. The new store will span 30,000 square feet inside Lakeside Village, a prominent shopping center featuring retailers like Kohl's, Books-A-Million and Belk, alongside entertainment options such as CMX Cinemas.The new rack store aims to become a key shopping destination for the local community by offering an extensive range of high-quality brands at affordable prices. The evol ...

SEATTLE, Nov. 19, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Lakeland, Florida in fall 2025."We look forward to being a part of the Lakeland 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 Tampa market and introduce new customers to Nordstrom Rack."  Lionello added that in this locatio ...

The market expects Nordstrom (JWN) to deliver a year-over-year decline in earnings on flat revenues when it reports results for the quarter ended October 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on N ...

Nordstrom, Inc. (JWN) , which operates both Nordstrom full-line stores and Nordstrom Rack, has consistently focused on store expansion as part of its growth strategy. These efforts aim to bring the brand closer to its customers by strategically placing new locations in high-traffic shopping centers and underserved markets.A significant aspect of this expansion has been through Nordstrom Rack, its off-price division, which targets value-conscious shoppers. Customers can also shop online via Nordstrom.com and ...

SEATTLE, Nov. 14, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Meridian, Idaho in fall 2025."We look forward to being a part of the Meridian 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 Boise market and introduce new customers to the Nordstrom experience."  Lionello added that in this ...

Shares of Nordstrom, Inc. (JWN) have surged 77.2% in the past year, outperforming the Zacks Retail - Apparel and Shoes industry’s 23.2% growth, the broader Retail-Wholesale sector’s 37.9% increase and S&P 500 index’s 38.7% growth. JWN is strictly focused on driving Nordstrom banner growth, optimizing operations and building momentum at Rack. Digital efforts are also underway.Let’s delve deeper.Analyzing JWN’s Core StrengthsNordstrom has been expanding its Rack banner by increasing the brand penetration. It ...

Nordstrom (JWN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Since ...

Here are two stocks with buy rank and strong value characteristics for investors to consider today, November 7th:Nordstrom, Inc. (JWN) : This fashion retailer carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 3.2% over the last 60 days.Nordstrom has a price-to-earnings ratio (P/E) of 12.01, compared with 26.10 for the industry. The company possesses a Value Score  of A.LivaNova PLC (LIVN) : This medical device company carries a Zacks Rank #1, and h ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, November 7th:Meridian Corporation (MRBK) : This holding company for Meridian Bank has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.2% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 3.6%, compared with the industry average of 2.7%.NBT Bancorp Inc. (NBTB) : This banking company has witnessed the Zacks Consensus Estimate for its next year earnings ...