Nordstrom(JWN)

Search documents
Nordstrom to Be Acquired by Nordstrom Family and Liverpool
Prnewswire· 2024-12-23 13:30
Nordstrom Shareholders to Receive $24.25 Per Share in Cash Transaction Represents a Premium of Approximately 42% Since March 18, 2024 Board Also Intends to Pay Special Dividend of Up to $0.25 Per Share in Cash Contingent on Closing SEATTLE, Dec. 23, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today announced it has signed a definitive agreement under which Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the "Nordstrom Family") and El Puerto de Liverpool, S.A.B. de ...
JWN to Open Rack Store in Nashua, Progresses Well on Expansion Plans
ZACKS· 2024-12-19 18:50
Nordstrom, Inc. (JWN) has been committed to its store expansion endeavors to enrich shoppers’ experience. The company is likely to introduce a Nordstrom Rack in Nashua, NH, in spring of the next year.This 30,000-square-feet store will be opened in Royal Ridge Center, which is a renowned shopping center including Marshalls, Sierra Trading Post, HomeGoods, PetSmart, The Paper Store, among others. Leased and managed by Wilder, the center is situated in the region's busiest retail hub commercial corridor of sou ...
Nordstrom Rack to Open New Location in Nashua, NH
Prnewswire· 2024-12-18 14:00
SEATTLE, Dec. 18, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Nashua, New Hampshire in spring 2025. "We look forward to being a part of the Nashua 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 New England market and introduce new customers to the Nordstrom experience." Lionello adde ...
All You Need to Know About Nordstrom (JWN) Rating Upgrade to Buy
ZACKS· 2024-12-12 18:01
Nordstrom (JWN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- 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.The power ...
JWN's Expansion Strategy on Track: New Rack Store Opening in Texas
ZACKS· 2024-12-12 13:41
The Seattle-based fashion retailer, Nordstrom, Inc. (JWN) , is set to open a Nordstrom Rack store in Lubbock, TX, in fall 2025. The upcoming 30,000-square-foot store will be located in West End Center, a prominent retail destination, featuring major retailers, such as Costco, Nike Factory Outlet, Bass Pro Shops, World Market, Marshalls HomeGoods and many others.The new Rack store is expected to serve the Lubbock market, attracting customers through its wide range of high-quality brands at affordable prices. ...
Nordstrom Rack to Open New Location in Lubbock, Texas
Prnewswire· 2024-12-11 14:00
SEATTLE, Dec. 11, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Lubbock, Texas in fall 2025."We look forward to being a part of the Lubbock 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 Lubbock market and introduce new customers to the Nordstrom experience." Lionello added that in this ...
Nordstrom(JWN) - 2025 Q3 - Quarterly Report
2024-12-05 21:57
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 November 2, 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) Washing ...
Nordstrom Q3 Earnings Beat, Rack Banner Sales Increase 10.6% Y/Y
ZACKS· 2024-11-27 20:36
Nordstrom, Inc. (JWN) posted third-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate and improved year over year. However, the Anniversary Sale timing, which led to the shift of one week from the third quarter to the second quarter, affected results.This Seattle, WA-based company posted adjusted earnings of 33 cents a share, which surpassed the Zacks Consensus Estimate of 23 cents and improved 32% from the 25 cents reported in the year-ago period. Total revenues ...
Nordstrom Q3 Sales Grow, But Analysts Remain Cautious On Stock Amid Slowing Sales And Elevated Inventory
Benzinga· 2024-11-27 18:51
Nordstrom, Inc. JWN shares are trading lower on Wednesday.For the third quarter, the company’s net sales increased 4.6% compared to the same period in fiscal 2023, total company comparable sales increased 4.0%, and gross merchandise value increased 5.3%. JP Morgan analyst Matthew R. Boss reiterated the Underweight rating on the stock, raising the price forecast to $21 from $20.The analyst notes that despite favorable conditions for Nordstorm’s core customer base, including high personal savings rates, low d ...
Nordstrom: Rating Downgrade As Upside No Longer Attractive
Seeking Alpha· 2024-11-27 14:43
I am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historical charts analysis], and to some extend momentum investing [share price reaction post earnings etc.]. Over the years, I have used the positive aspects of each approach to hone my investing process. The reason ...