SEATTLE, Nov. 5, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced that it will report its third quarter 2024 financial results after the close of the financial markets on Tuesday, November 26, 2024. The announcement will be followed by a conference call at 4:45 p.m. EST, in which senior management will provide a business update and discuss the company's third quarter financial results along with the 2024 outlook. The 45-minute conference call will be available by telephone and audio webcast at inv ...

Nordstrom, Inc. (JWN) has capitalized on momentum-driven factors, including robust growth at its flagship Nordstrom banner, operational efficiencies and a turnaround strategy at Nordstrom Rack. The Rack's improvement has contributed to Nordstrom's recent gains, as it plays a key role in attracting value-conscious shoppers and diversifying revenue streams. Closing yesterday's trading session at $23.22, the shares of Nordstrom are currently trading near the 52-week high of $24.93 attained on Oct. 18, 2024. Th ...

Nordstrom, Inc. (JWN) has revealed plans to open two new Nordstrom Rack stores in Florida. The stores, set to open in Melbourne in fall 2025 and Sarasota in spring 2026, are part of the company's ongoing expansion strategy. The upcoming 24,000-square-foot Nordstrom Rack store in Melbourne will be located at The Avenue Viera, a well-known shopping center featuring retailers like Lululemon, Sephora, Lilly Pulitzer and Sur La Table. The Avenue Viera is owned and managed by WS Development and is ideally located ...

SEATTLE, Oct. 22, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open two new Nordstrom Rack stores in Florida. The new stores will be located in Melbourne and Sarasota, which will open in fall 2025 and spring 2026, respectively. "We look forward to being a part of the Melbourne and Sarasota communities 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 gr ...

SEATTLE, Oct. 8, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Prosper, Texas, in fall 2025. "We look forward to being a part of the Prosper 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 Dallas market and introduce new customers to the Nordstrom experience." Lionello added that in this ...

Nordstrom, Inc. (JWN) stock has been trending up the charts in the past year, recording growth of 63.3%. This upside comfortably outpaces the broader Retail-Wholesale sector's return of 38% and the Zacks Retail - Apparel and Shoes industry's 37.3% growth in the same period. JWN's shares also surpassed the S&P 500 index's appreciation of 34.2% in the same time. The company is benefiting from digital initiatives, optimizing operations and momentum at the Rack banner. Currently priced at $21.97, JWN stock is t ...

The Seattle-based fashion retailer, Nordstrom, Inc. (JWN) , is set to open a Nordstrom Rack store in Hyannis, MA, in fall 2025. The upcoming 25,000-square-foot store will be located in The Landing Shopping Center, a prominent retail destination, featuring major retailers, such as Whole Foods, Panera Bread, Old Navy and The Paper Store. The new Rack store is expected to serve the Hyannis community, attracting customers through its wide range of high-quality brands at affordable prices. The evolution of Nords ...

SEATTLE, Oct. 1, 2024 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Hyannis, Massachusetts, in fall 2025. "We look forward to being a part of the Hyannis 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 Boston market and introduce new customers to the Nordstrom experience." Lionello added that ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." 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 ...

The broader U.S. equity markets witnessed a steady uptrend over the past couple of days, buoyed by a solid economy, soothing concerns that the Federal Reserve was cutting rates aggressively because of a potential slowdown. The stock market rally was further propelled by cooling inflation, with data from the Personal Consumption Expenditure Price Index revealing that the 12-month inflation rate increased 2.2% in August – below the broad-based expectations of a 2.3% rise. Initial jobless claims for the week e ...