Nordstrom

Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes, and accessories. It operates through the following segments: Retail and Corporate/Other. The Retail segment consists of a selection of high-quality, brand-name, and private label merchandise, which includes apparel, shoes, cosmetics, and accessories for women, men, young adults, and children. The Corporate/Other segment includes unallocated corporate expenses and assets, inter-segment eliminations, and other adjustments to segment results. The company was founded by John W. Nordstrom in 1901 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Nordstrom reports Q1 loss, plans Rack expansion amid macro challenges

Nordstrom is focused on improving profitability amidst macroeconomic challenges. The company made progress in supply chain optimization and inventory management. Despite the impact of Canadian operations wind-down, Nordstrom remains confident in the future importance of designer products and expects continued improvement in this area.

Nordstrom reports solid Q2 results, focuses on digital sales and inventory management

Nordstrom's Q2 performance was solid, with a focus on digital sales and inventory management. Challenges include shrinkage and soft traffic trends. Opportunities lie in online growth, appealing to younger customers, and leveraging AI for retail success.

Nordstrom reports Q3 revenue of $3.3B, focuses on improving profitability

Nordstrom's Q3 performance reflects a focus on improving inventory productivity and driving profitability in the digital off-price business. Despite challenges in net sales and the wind down of Canadian operations, the company is optimistic about driving profitable growth and maintaining good inventory levels to meet customer demand.

Nordstrom reports Q4 growth, eyes digital expansion amid revenue challenges

Nordstrom's Q4 performance reflects revenue growth and successful inventory management, but challenges lie in customer pullback and revenue decline projections for 2023.
Strengths include strong ROI from Rack stores, digital growth potential, and focus on inventory optimization, while challenges include customer trends and credit revenue declines.
Opportunities in investments, store expansion, and operational enhancements position Nordstrom for future growth and profitability.
Overall, Nordstrom aims to navigate challenges, capitalize on strengths, and leverage opportunities to drive sustainable growth and enhance shareholder value.

Nordstrom reports mixed Q1 results, focuses on profitability and growth

Nordstrom's Q1 performance showed mixed results with improvements in Rack sales and inventory productivity but challenges in the designer category.
The company is strategically focused on profitability, supply chain optimization, and leadership additions to drive growth.
While facing macroeconomic pressures and customer demand challenges, Nordstrom sees opportunities in network enhancements and brand penetration.
Overall, Nordstrom remains committed to navigating challenges, improving performance, and capitalizing on growth opportunities in 2023.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Nordstrom (JWN) delivered earnings and revenue surprises of 13.85% and 0.17%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Nordstrom (JWN) Q4 Earnings Top Estimates

C3.ai

Broadcom

Costco

Hewlett Packard

While Nordstrom and Costco posted mixed quarters, C3.ai, Broadcom and HPE all beat estimates outright.

Markets Close Higher; JWN, COST, AI & More Report Earnings

The luxury department store chain has 13 locations in Canada and employs about 2,500 people.

Nordstrom to Close, Liquidate Its Canadian Stores

Nordstrom Inc. on Thursday said it would end its business in Canada to help shore up profit after reporting weaker-than-expected sales results and forecasts.

Nordstrom reports weaker quarterly sales and says it's winding down its Canadian business

Nordstrom has struggled with slower sales, more markdowns and pressure from activist investor Ryan Cohen.

Nordstrom earnings top expectations, retailer says it's winding down Canada operations

Nordstrom Inc JWN.N forecast full-year revenue below analysts' expectations on Thursday, signaling high inflation levels were dampening consumer spending on discretionary items, and the retailer said it would discontinue its Canadian operations to drive profitability.

Nordstrom expects weak annual revenue, to wind down Canadian business

Sales and earnings in line with updated fiscal 2022 outlook Entering fiscal 2023 with healthier inventory position, down 15 percent from last year and comparable to 2019 Company provides fiscal 2023 outlook, including plans to wind down Canadian operations to drive profitable growth and enhance shareholder value SEATTLE , March 2, 2023 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported fourth quarter net earnings of $119 million, or $0.74 per diluted share ("EPS"), and earnings before interest and taxes ("EBIT") of $187 million, or 4.5 percent of sales, for the quarter ended January 28, 2023. For the fiscal year ended January 28, 2023, net earnings were $245 million and diluted EPS was $1.51, with EBIT of $465 million, or 3.1 percent of sales.

Nordstrom Reports Fourth Quarter 2022 Earnings, Announces Wind-Down of Canadian Business

Burlington Stores

We've got just a few weeks left in earnings season. Soon, we'll hear from Nordstrom (JWN) and Burlington Stores (BURL).

Previewing Burlington's and Nordstrom's Upcoming Earnings

ChargePoint Holdings

In late morning trading on Wednesday, Dow Jones industrials were down 0.45%, the S&P 500 down 0.76% and the Nasdaq down 0.9%.

Earnings Previews: ChargePoint, Costco, Nordstrom

Nordstrom's (JWN) Q4 results are likely to reflect the impacts of a soft holiday season, resulting from high promotions and sluggish sales from the pre-pandemic levels.

Factors to Decide the Fate of Nordstrom (JWN) in Q4 Earnings

Nordstrom (JWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Nordstrom (JWN) Q4 Earnings Expected to Decline

Home Depot

Kohl's

Lowe's

VanEck Vectors Retail ETF

Target

Walmart

SPDR S&P Retail ETF

Overall, the retail sector is expected to report an earnings decline of 32% on 5.1% revenue growth. The earnings season is coming to an end, with about 50% of the companies only from this sector yet to report.

Retail ETFs in Focus As Big-Box Q4 Earnings Unfold

Dillard's

Ruth's Hospitality Group

Starbucks

Swatch Group AG/The

Vroom

Though the Federal Reserve's aggressive actions against skyrocketing inflation delivered results, it may not be enough to spare all companies in the consumer discretionary space. Thus necessitating a discussion about stocks to sell.

7 Stocks That Could Take a Hit as Consumers Curtail Spending

SEATTLE , Feb. 16, 2023 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced that it will report its fourth quarter 2022 financial results after the close of the financial markets on Thursday, March 2, 2023. The announcement will be followed by a conference call at 4:45 p.m.

Nordstrom to Report Fourth Quarter 2022 Financial Results on March 2

Errik Nordstrom has failed despite the support his management team has given him.

Nordstrom Must Change Its CEO

The sharp decline was a reaction to the company's big pop on Friday.

Why Nordstrom Stock Plummeted Today

Last week's report that activist investor Ryan Cohen is taking a large stake in Nordstrom Inc. sent the company's stock rocketing, sparking talk that the retailer could join the list of so-called meme stocks.

Nordstrom's ‘poison pill' and insider ownership limit activist investor's options, analyst says

Nordstrom shares surged Friday morning to close more than 24% higher at close of play, before a slight pull back Monday after news that meme king Ryan Cohen had upped his holding in the retailer.

Cohen At It Again, As Meme King Sends Nordstrom Stock Surging

Nordstrom Inc.'s stock pulled back before market open Monday after surging last week following a report that activist investor Ryan Cohen is taking a large stake in the retailer.

Nordstrom stock pulls back after rocketing on reported Ryan Cohen stake

The stock price of Nordstrom Inc (NYSE: JWN) surged by 24.79% in the most recent trading session. This is why.

JWN Stock: 24.79% Surge Explained

Clorox

It's always nice to focus on the winners on a down day.

2 Consumer Stocks Absolutely Crushed the Falling Market Friday

Nordstrom Inc. ( JWN , Financial) has seen its shares drop steadily for the past couple of years, and for good reason. The big-box retailer mainly sells luxury goods to the middle class, and as consumers struggle with the rapidly rising cost of living among high inflation everywhere from housing to food and electricity, even the middle class is beginning to see lower disposable income.

Nordstrom Soars 20% on Ryan Cohen's Buy; It's Still Dirt Cheap

Nordstrom (NYSE: JWN ) is turning a few heads on Friday, with shares up more than 20% so far on the day. Even though shares are soaring on Friday — and are now up close to 40% on the week — Nordstrom stock seems to be flying under the radar.

Nordstrom Stock: Ryan Cohen Just Created the Newest Meme Stock

Shares for the department store chain Nordstrom spiked following reports that meme-stock investor Ryan Cohen was purchasing more shares of the company.

Nordstrom responds to activist Ryan Cohen

Ryan Cohen has reportedly amassed the large Nordstrom stake in an effort to boot Mark Tritton for his role in deciding the compensation for Nordstrom family members.

News for Nordstrom Stock (JWN)