Nordstrom Inc. (JWN)
NYSE NYSE Primary 
Nordstrom's founding family offers to buy department store for $23 per share
Nordstrom's founding family on Wednesday offered to buy the department store chain for $23.00 per share in cash.
Nordstrom's Winning Formula: 3 Factors Behind the Stock's Success
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.
Nordstrom Rack is opening almost two dozen new locations in 2024. Here's a full list and map
Retail earnings season has been a mix of hits and misses over the past few weeks, with industry giants like Walmart and Target beating sales expectations with help from aggressive discounts while Macy's and others have posted tepid numbers and disappointing guidance. Embattled discount chain Dollar General saw its stock crater 30% on Friday after it lowered its sales outlook and indicated that its core customers were simply too strapped for cash to shop there.
Nordstrom: Was Q2 2024 Profitability Improvement A Signal Or Just Noise?
Nordstrom, Inc.'s Q2 2024 earnings report showed a surprising profitability boost, with EPS beating expectations and gross profit margin reaching its highest since Q1 2022. The company's growth is driven by its Nordstrom Rack segment, which saw an 8.8% YoY sales increase, but this may pressure overall margins. Despite positive earnings, macroeconomic headwinds and a significant YoY inventory build raise concerns about future performance and profitability.
Nordstrom Stock Jumps Amid Strong Earnings, Rack Sales
Nordstrom (JWN) shares jumped Wednesday, a day after posting better-than-expected second-quarter results.
Nordstrom Beats Q2 Earnings But Guidance Shows A Decline In This Key Matrix: 4 Analysts Revise Forecasts
Shares of Nordstrom Inc JWN climbed in early trading on Wednesday, after the company reported upbeat second-quarter earnings.
2 Retail Stocks Moving Higher After Earnings
Retail stocks across the sector are dealing with the fallout from their corporate reports this morning.
Nordstrom Stock Gains on Q2 Earnings Beat, Updated FY24 Outlook
JWN's second-quarter earnings results benefit from Anniversary Sale timing, which led to the shift of one week from the third quarter to the second quarter.
Nordstrom Stock Surges After Blowout Earnings
The department-store chain smashed expectations and slightly raised its full-year guidance.
Nordstrom, Inc. (JWN) Q2 2024 Earnings Call Transcript
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 Greetings, and welcome to the Nordstrom Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Digital Transactions Now 37% of Nordstrom's Total Sales, CEO Says
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.
Boring Regular Trading, Big After-Market on Q2 Beats: JWN, AMBA, BOX
Nordstrom (JWN), PVH (PVH), Box (BOX) and Ambarella (AMBA) all beat Q2 earnings estimates.
