Nordstrom(JWN)
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Nordstrom's Winning Formula: 3 Factors Behind the Stock's Success
MarketBeat· 2024-09-04 11:17
Nordstrom Today | --- | --- | |----------------------|-------| | | | | | | | JWN Nordstrom | | | $22.82 | | | +0.48 (+2.15%) | | | 52-Week Range $12.88 | | | ▼ | | | $24.03 | | | Dividend Yield 3.33% | | | P/E Ratio 12.47 | | | Price Target $19.85 | | | | | Add to Watchlist It's a tale of two retail department stores on the opposite ends of the financial spectrum. Nordstrom Inc. NYSE: JWN stock is trading up 21% year-to-date (YTD), while Macy's Inc. (NYSE: M) stock is trading down 22.6% YTD. These retail/wh ...
Nordstrom: Was Q2 2024 Profitability Improvement A Signal Or Just Noise?
Seeking Alpha· 2024-08-30 14:41
Telephone ATTRAF 日 11000 the F 1 I r NoDerog Nordstrom, Inc. (NYSE:JWN) is a major consumer discretionary fashion retailer in North America selling apparel & other accessories, beauty products, and home goods online and in stores. With a market cap of around $3.5 billion, it sits on the edge of being a small-cap and a mid-cap stock, but that doesn't mean Nordstrom is small. JWN employs around 54,000 people and has 370 stores with over 26.5 million gross store square footage. The stock has suffered from bein ...
Nordstrom Stock Jumps Amid Strong Earnings, Rack Sales
Investopedia· 2024-08-28 15:10
KEY TAKEAWAYS Nordstrom shares jumped Wednesday, a day after posting better-than-estimated adjusted EPS of 96 cents on revenue of $3.89 billion. The department store operator reported a nearly 9% year-over-year sales gain at its Nordstrom Rack discount chain. Nordstrom also said its comparable store sales would be in a range of flat to 2% growth from fiscal 2023, compared with its previous projection of a 1% decline to 2% growth. Nordstrom (JWN) shares jumped Wednesday, a day after posting better-than-expec ...
Nordstrom Beats Q2 Earnings But Guidance Shows A Decline In This Key Matrix: 4 Analysts Revise Forecasts
Benzinga· 2024-08-28 15:00
Shares of Nordstrom Inc JWN climbed in early trading on Wednesday, after the company reported upbeat second-quarter earnings. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating, while raising the price target from $23 to $24. Goldman Sachs analyst Brooke Roach maintained a Neutral rating, while lifting the price target from $19 to $21. JPMorgan analyst Matthew Boss reaffirmed an ...
2 Retail Stocks Moving Higher After Earnings
Schaeffers Investment Research· 2024-08-28 14:07
Retail stocks across the sector are dealing with the fallout from their corporate reports this morning. In the winner circle today is Kohls Corp (NYSE:KSS) and Nordstrom Inc (NYSE:JWN), with both stocks seeing a surge in options activity following their encouraging reports. At last glace, Kohls stock is 2.6% higher to trade at $20.11, though it remains 29.4% lower in 2024. While the department store chain reported second-quarter earnings that beat expectations and raised its full-year guidance, revenue miss ...
Nordstrom Stock Gains on Q2 Earnings Beat, Updated FY24 Outlook
ZACKS· 2024-08-28 13:40
Shares of Nordstrom, Inc. (JWN) gained 7.7% during the after-market trading session on Tuesday, following the company's second-quarter results, wherein both the top and bottom lines beat the respective Zacks Consensus Estimate and improved year over year. Anniversary Sale timing, which led to the shift of one week from the third quarter to the second quarter, had a positive impact on net sales. Following the results, management updated its fiscal 2024 outlook, raising the lower end of the guidance range for ...
Nordstrom(JWN) - 2024 Q2 - Earnings Call Transcript
2024-08-27 23:57
Nordstrom, Inc. (NYSE:JWN) Q2 2024 Earnings Conference Call August 27, 2024 4:45 PM ET Company Participants James Duies - Head, IR Erik Nordstrom - CEO Peter Nordstrom - President Cathy Smith - CFO Conference Call Participants Dana Telsey - Telsey Advisory Group Oliver Chen - TD Cowen Simeon Siegel - BMO Capital Markets Lorraine Hutchinson - Bank of America Alex Straton - Morgan Stanley Chuck Gron - Gordon Haskett Blake Anderson - Jefferies Dylan Carden - William Blair Paul Lejuez - Citigroup Operator Greet ...
Nordstrom(JWN) - 2024 Q2 - Earnings Call Presentation
2024-08-27 23:55
| --- | --- | --- | --- | --- | |-------|-------|-------|-------|-----------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q2 2024 EARNINGS CALL | | | | | | | FORWARD-LOOKING STATEMENTS This presentation contains statements that are forward looking. These statements are based upon current expectations and assumptions that are subject to risks and uncertainties. We may not achieve the results projected in these forward-looking statements, and our actual results could mate ...
Digital Transactions Now 37% of Nordstrom's Total Sales, CEO Says
PYMNTS.com· 2024-08-27 23:47
Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. During the company's second-quarter earnings call Tuesday (Aug. 27), CEO Erik Nordstrom said digital sales increased 6.2%, accounting for 37% of total sales and the fifth consecutive quarter of improvement. "As we have shared previously, growing the digital customer journey is a key part of our strategy to drive Nordstrom banner growth," Erik Nordstrom said during the earnings call. "In April, we successfully la ...
Boring Regular Trading, Big After-Market on Q2 Beats: JWN, AMBA, BOX
ZACKS· 2024-08-27 23:01
Tuesday, August 27th, 2024 Three out of the four major stock market indexes closed Tuesday's session flat as a pancake. Such is trading life in the last week of August, typically. The Dow set a new record closing high, a mere 18 points above where it closed yesterday, +0.05%. Both the Nasdaq and S&P 500 finished the day up +0.17%. Only the small-cap Russell 2000 came in -0.66% lower on the session. What's notably more exciting are the earnings reports after the bell. We're still a day away from what might b ...