Nordstrom(JWN)

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Nordstrom Announces Completion of Acquisition by Nordstrom Family and Liverpool
Prnewswire· 2025-05-20 16:45
SEATTLE, May 20, 2025 /PRNewswire/ -- Nordstrom, Inc. (the "Company") today announced that Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. ("Liverpool") (BMV: LIVEPOL) have completed their all-cash acquisition of Nordstrom for $24.25 per share. Shareholders of the Company will also be paid cash dividends of $0.25 per share and $0.1462 per share, reflecting the special cash dividend and a "stub period" quarterly dividend. With the completion of ...
Nordstrom(JWN) - 2025 FY - Earnings Call Transcript
2025-05-16 17:00
Nordstrom (JWN) FY 2025 Annual General Meeting May 16, 2025 12:00 PM ET Speaker0 Meeting for Nordstrom Inc. Our host for today's call is Brad Tilden, Chairman. I will now turn the call over to your host. Mr. Tilden, you may begin. Speaker1 Good morning, ladies and gentlemen. Welcome to the special meeting of shareholders of Nordstrom. My name is Brad Tilton, and I serve as the Chairman of the Nordstrom Board of Directors. I would like to begin by taking a moment to recognize our Board. Our directors are inc ...
NORDSTROM NYC INTRODUCES NEW BALANCE @ THE CORNER
Prnewswire· 2025-05-01 14:00
Step into New Balance @ The Corner: A limited-time pop-up celebrating sport, culture, and creativity through featured products, events, and experiences.NEW YORK, May 1, 2025 /PRNewswire/ -- Nordstrom invites customers to step into a world where sport meets culture with the launch of New Balance @ The Corner, a limited-time pop-up shop that brings the ethos of New Balance to life through an immersive experience. This three-month-long installation marks the longest feature of a brand at The Corner, which is p ...
Nordstrom's Strategies Yield Results: Stock Gains 38.4% in a Year
ZACKS· 2025-04-16 15:55
Core Viewpoint - Nordstrom, Inc. has demonstrated strong stock performance, significantly outperforming the broader retail sector and S&P 500 index, while focusing on digital growth and operational efficiency to enhance customer engagement and profitability [1][10]. Group 1: Stock Performance - Nordstrom's shares have surged 38.4% over the past year, compared to a 12.9% increase in the Retail-Wholesale sector and a 9.3% rise in the S&P 500 index [1]. - The Zacks Retail - Apparel and Shoes industry has seen a decline of 7.9% in the same period [1]. Group 2: Strategic Focus - The company is enhancing its digital capabilities to drive growth and customer engagement, with a focus on Nordstrom banner growth and optimizing operations at Nordstrom Rack [2][3]. - Nordstrom aims to capitalize on its digital-first platform, expand its market share, and deliver profitable growth by focusing on key markets and enhancing digital capabilities [3][4]. Group 3: Operational Efficiency - The company is leveraging technology to streamline operations, improve inventory management, and provide a seamless shopping experience, with efforts to enhance order fulfillment speed [4]. - Nordstrom is working to improve Rack's productivity, reduce transportation costs and delivery times, and enhance services through faster delivery [5]. Group 4: Earnings Estimates - The Zacks Consensus Estimate for fiscal 2025 and fiscal 2026 has seen upward revisions, reflecting positive sentiment around the stock [6]. - The earnings per share (EPS) estimate for the current fiscal year has risen by 0.9% to $2.15, while the estimate for fiscal 2026 has increased by 3.5% to $2.37, indicating a year-over-year earnings dip of 0.9% for the current year and growth of 10.4% for the next [7]. Group 5: Valuation - Nordstrom stock is trading at a forward price/earnings ratio of 10.96, which is lower than the industry average of 13.77 and its median of 11.98, indicating an attractive valuation [9]. - The company holds a Value Score of A, further strengthening its investment appeal [9]. Group 6: Conclusion - Nordstrom's robust strategies, including strong momentum at the Rack banner and digital initiatives, position it for success, with confidence in brand strength and profitable growth [10].
Shapellx Enters Nordstrom Online Marketplace, Ushering in a New Era of Multichannel Retail
GlobeNewswire News Room· 2025-04-07 17:35
Core Insights - Shapellx has launched its products on the Nordstrom Online Marketplace, enhancing accessibility for consumers and promoting body positivity [1][2][3] - The partnership with Nordstrom is part of Shapellx's broader retail strategy to solidify its leadership in the shapewear industry through innovative designs and advanced fabric technologies [2][3] - Shapellx has been recognized with the 2025 American Good Design Awards for its innovative products, and it plans to unveil a new shapewear line, INNER ARMOR 2.0, that combines fashion with functionality [4] Company Strategy - The launch on Nordstrom's platform is a significant step in Shapellx's strategy to reach a wider audience and enhance brand visibility [2] - Shapellx aims to redefine industry standards by focusing on body positivity and high-performance shapewear, aligning with consumer needs [3] - The collaboration with TikTok for a Super Brand Day campaign indicates Shapellx's commitment to leveraging social media for brand growth and consumer engagement [4] Product Innovation - Shapellx's award-winning products are designed to deliver comfort, support, and style, showcasing the brand's commitment to innovation [4] - The upcoming INNER ARMOR 2.0 line is expected to further enhance the brand's reputation for blending fashion with functionality [4]
Nordstrom's Growth Efforts Seem Promising: Buy or Hold the Stock?
ZACKS· 2025-04-04 17:15
Nordstrom, Inc. (JWN) is strengthening its digital capabilities, driving growth and enhancing customer engagement. It has been quite focused on driving Nordstrom banner growth, optimizing operations and building momentum at Nordstrom Rack. Digital efforts are also underway.The company’s shares have surged 31.7% in the past year, outperforming the Zacks Retail - Apparel and Shoes industry’s 16.5% decline and the S&P 500 index’s 5.4% increase. The broader Retail-Wholesale sector rose 11.5% in a year. Let’s d ...
Nordstrom (JWN) Up 0.4% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-04-03 16:30
Core Viewpoint - Nordstrom's shares have increased by approximately 0.4% since the last earnings report, outperforming the S&P 500, raising questions about the sustainability of this positive trend leading up to the next earnings release [1] Estimates Movement - Estimates for Nordstrom have remained stable over the past month, with a consensus estimate shift of 7.89% [2] VGM Scores - Nordstrom currently holds a Growth Score of A, a Momentum Score of C, and a Value Score of A, placing it in the top 20% for the value investment strategy, resulting in an aggregate VGM Score of A [3] Outlook - Nordstrom has a Zacks Rank of 1 (Strong Buy), indicating expectations for above-average returns in the coming months [4]
Is Nordstrom (JWN) Outperforming Other Retail-Wholesale Stocks This Year?
ZACKS· 2025-03-28 14:41
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Nordstrom (JWN) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Nordstrom is a member of our Retail-Wholesale group, which includes 214 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank co ...
Fast-paced Momentum Stock Nordstrom (JWN) Is Still Trading at a Bargain
ZACKS· 2025-03-26 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Stock Analysis - Nordstrom (JWN) - Nordstrom (JWN) has shown a four-week price change of 0.2%, indicating growing investor interest [4] - Over the past 12 weeks, JWN's stock gained 0.9%, with a beta of 2.6, suggesting it moves 160% higher than the market in either direction [5] - JWN has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - JWN is trading at a Price-to-Sales ratio of 0.27, meaning investors pay 27 cents for each dollar of sales, indicating a reasonable valuation [7] Group 3: Additional Investment Opportunities - Besides JWN, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks [9]
Is Nordstrom the Best Discounted Retail Stock to Buy at 11.3X P/E?
ZACKS· 2025-03-25 16:55
Valuation - Nordstrom, Inc. (JWN) is trading at a forward 12-month price-to-earnings ratio of 11.32, which is below the industry average of 16.46 and the Retail-Wholesale sector's average of 23.05, indicating it is undervalued relative to its peers [1] - The current stock price is $24.37, reflecting a 2.5% discount from its 52-week high of $24.99 [3] Price Performance - JWN shares have increased by 31% over the past year, outperforming the Zacks Retail - Apparel and Shoes industry's decline of 3.1% and the S&P 500 index's increase of 11.3% [3] - The stock is trading above its 200-day and 50-day moving averages of $23.24 and $21.66, respectively, indicating a sustained upward trend [3] Growth Drivers - Nordstrom is focusing on growth at both the Nordstrom banner and Nordstrom Rack, optimizing operations and enhancing customer experience [5] - The company is committed to improving inventory management and refining its product mix to boost productivity [5] - The Nordstrom Rack banner is showing positive results through increased brand penetration and targeted improvements [6] Strategic Initiatives - The "Closer to You" strategy includes store expansion and localized offerings, enhancing accessibility and customer loyalty [6][8] - Nordstrom is enhancing its digital capabilities, with digital sales representing 38% of net sales in the fourth quarter of fiscal 2024 [11] - The company is leveraging technology to streamline operations and improve inventory management, focusing on faster delivery and personalized services [12] Financial Performance - In the fourth quarter of fiscal 2024, Nordstrom experienced a slight decline in total revenues but saw improvements in net sales and comparable sales growth [9] - Gross profit margin expanded due to improved merchandise margins, better inventory management, and reduced markdowns [10] - Adjusted SG&A expenses declined as a percentage of net sales, despite higher labor costs, contributing to strong year-over-year growth in adjusted EBIT [10] Earnings Estimates - The Zacks Consensus Estimate for earnings per share has seen upward revisions, with current estimates for the fiscal year increased by 5.5% to $2.13 and by 15.7% to $2.29 for the next fiscal year [13] Final Thoughts - JWN stock is appealing to investors due to its undervaluation relative to industry peers and strategic initiatives supporting long-term growth [15] - The company's strong execution and market positioning demonstrate resilience and growth potential, currently holding a Zacks Rank 1 (Strong Buy) [15]