Nordstrom, Inc. (JWN) is scheduled to release third-quarter fiscal 2024 results on Nov. 26 after the closing bell. This fashion specialty retailer is expected to have witnessed revenue growth in the to-be-reported quarter. The Zacks Consensus Estimate for revenues is pegged at $3.33 billion, which indicates a rise of 0.3% from the figure reported in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The consensus estimate for earnings is pegged at 23 cents per shar ...

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 ...

Core Insights - Nordstrom, Inc. plans to open a new Nordstrom Rack in Lakeland, Florida in fall 2025, expanding its presence in the Tampa market [1][2] - The new store will be 30,000 square feet and located in Lakeside Village, a shopping center that features other prominent retailers and entertainment options [1][2] - Nordstrom Rack offers significant discounts, up to 70 percent off on various products, and provides services like online order pickup and easy returns [2][3] Company Expansion - The new location will increase Nordstrom's physical footprint in Florida, where it currently operates six Nordstrom stores and 19 Nordstrom Rack stores, generating over 2,800 jobs statewide [3] - The addition of Nordstrom Rack is part of the company's "Closer to You" strategy, aimed at enhancing customer experience across physical and digital platforms [2] Community Engagement - Nordstrom has invested over $2 million in community support through its partnership with Big Brothers Big Sisters of the United States, focusing on mentorship programs [4] - The company emphasizes its commitment to serving diverse communities and aims to leave a positive impact [5] Retail Environment - Lakeside Village is described as a premier open-air lifestyle center, enhancing the shopping experience for both locals and visitors [2][6] - The center is part of a larger portfolio managed by Continental Realty Corporation, which includes over eight million square feet of commercial space valued at over $4 billion [6]

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 ...

Core Insights - Nordstrom, Inc. plans to open a new Nordstrom Rack in Meridian, Idaho in fall 2025, aiming to enhance its presence in the Boise market and provide customers with a variety of brands at competitive prices [1][2] - The new store will be 25,000 square feet and located in The Village at Meridian, a prominent shopping center that features various well-known retailers [1][3] - Nordstrom Rack is a key component of Nordstrom's "Closer to You" strategy, which focuses on creating a seamless shopping experience across physical and digital platforms [2] Company Expansion - The new location will expand Nordstrom's physical footprint and economic impact in Idaho, contributing to the local community [3] - Nordstrom Rack offers significant discounts, with customers able to save up to 70% on a range of products, including apparel and home decor [2] Community Engagement - Over the past four years, Nordstrom has donated more than $2 million to support its partnership with Big Brothers Big Sisters of the United States, focusing on mentorship and community development [4] Retail Environment - The Village at Meridian is described as Idaho's premier shopping and lifestyle destination, featuring a mix of retail, dining, and community amenities [6]

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 ...

Core Insights - Nordstrom, Inc. plans to open a new Nordstrom Rack in Hyannis, Massachusetts, in fall 2025, aiming to enhance its presence in the Boston market and provide customers with a variety of brands at competitive prices [1][3] - The new store will be 25,000 square feet and located in The Landing at Hyannis, a shopping center that includes other popular retailers [1][4] - Nordstrom Rack is a key component of Nordstrom's "Closer to You" strategy, offering significant discounts on a wide range of products and services such as online order pickup and easy returns [3][4] Company Expansion - The new location will increase Nordstrom's physical footprint in Massachusetts, where it currently operates four Nordstrom stores and seven Nordstrom Rack stores, contributing to over 900 jobs statewide [4] - The addition of Nordstrom Rack at The Landing at Hyannis reflects the company's commitment to expanding its retail presence and enhancing customer experience [2][4] Community Engagement - Nordstrom has invested over $2 million in community support through its partnership with Big Brothers Big Sisters of the United States, focusing on mentorship and community engagement [5] - The company emphasizes its dedication to serving diverse communities and aims to create a positive impact through its operations [5][6]

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