Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating on Nordstrom Inc JWN with a price target of $24.00.For the nine-week period ending January 4, 2025, the company reported a 4.9% year-over-year increase in total net sales, outperforming the previous consensus estimate of a 4.7% decline for the fourth quarter, per the analyst.Same-store sales at the group level rose by 5.8% year-over-year, surpassing the consensus estimate of a 3.5% decline for the quarter.Following stronger-than-an ...

Nordstrom on Friday raised its full-year sales outlook, after holiday shopping at its stores and on its website came in stronger than the department store's cautious expectations.The company stuck by its profit guidance, despite the higher sales guidance.The Seattle-based retailer said it now expects full-year revenue growth of 1.5% to 2.5%, including the impact of having one fewer fiscal week. That compares to its previous outlook of flat to up 1%.Nordstrom struck a conservative note with its outlook in la ...

SEATTLE, Jan. 10, 2025 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today announced a total Company net sales increase of 4.9 percent and a comparable sales increase of 5.8 percent for the nine-week holiday period ended January 4, 2025, compared with the nine weeks ended December 30, 2023. For the Nordstrom banner, net sales increased 3.7 percent and comparable sales increased 6.5 percent, while Nordstrom Rack banner net sales increased 7.4 percent and comparable sales increased 4.3 percent."As a result of o ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

Nordstrom, Inc. (JWN) , emerges as an attractive value opportunity in the  Retail - Apparel and Shoes industry, trading at a forward 12-month price-to-earnings ratio of 12.20X, below the industry average of 20.44X and the Retail-Wholesale average of 25.17X. The stock is undervalued compared with its industry peers, offering compelling value to investors looking for exposure to the Retail-Wholesale sector.JWN P/E Performance Image Source: Zacks Investment Research The Seattle-based fashion retailer, JWN’s st ...

We've also got information for investors looking to use options.In this podcast, Motley Fool analyst Jim Gillies and host Ricky Mulvey discuss:Why luxury department stores are struggling.Disney spending $645 million to make two seasons of Star Wars: Andor.What investors should consider before using options to generate income.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our beginner's guide to investing in stocks. A full tran ...

It has been about a month since the last earnings report for Nordstrom (JWN) . Shares have added about 7% 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. Nordstrom Q3 Earnings Beat, Rack Banner Sales Increa ...

Core Insights - The Nordstrom family is set to regain control of the retail company through a $6.25 billion all-cash deal, marking a significant shift after over 50 years as a public entity [15][16][21] - The deal involves a partnership with Mexican retail giant El Puerto de Liverpool, which will hold a 49.9% stake after a $300 million investment in 2022 [1][15] - The privatization aims to allow the Nordstrom family to focus on long-term strategies without the pressures of public market scrutiny [21] Company Performance - Nordstrom's revenues declined from $15.1 billion in 2022 to $14.2 billion in fiscal 2023, with flagship Nordstrom sales down 8% to $9.4 billion [7][5] - The Nordstrom Rack chain has been a growth driver, with net sales up 4.6% in the most recent quarter and revenues reaching $10.7 billion for the first nine months of the year [8][9] - The company operated 381 stores, with 280 being Nordstrom Rack locations, which generated $3.7 billion in sales compared to $6.6 billion from Nordstrom [9][8] Strategic Changes - The Nordstrom family plans to guide the company with a controlling 50.1% interest post-privatization, focusing on enhancing customer experience and operational improvements [16][21] - Liverpool's operational expertise, particularly in credit card services, may help boost Nordstrom's financial performance, as Liverpool's credit card business accounts for a significant portion of its sales [18][23] - The partnership is expected to bring logistical efficiencies, with Liverpool operating seven centralized fulfillment centers and generating 25% of its retail revenue from digital sales [12][10] Market Context - The luxury retail sector faces increasing competition, particularly from the recent merger of Saks Fifth Avenue and Neiman Marcus, which may intensify pressures on Nordstrom's luxury offerings [25] - The Mexican-American consumer segment is growing rapidly, presenting potential opportunities for Nordstrom as it navigates its new ownership structure [24]