JWN raises its fiscal 2024 revenue outlook, forecasting 1.5-2.5% growth and improved comparable sales, after stronger-than-expected holiday sales.
Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating on Nordstrom Inc JWN with a price target of $24.00.
Nordstrom raised its full-year sales outlook after holiday spending came in better than expected at its website and stores. Yet the department store operator stuck by its profit outlook.
Does Nordstrom (JWN) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Nordstrom (JWN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
JWN is well-positioned to continue its upward trajectory with a focus on expansion and digital transformation despite facing some macroeconomic headwinds.
In this podcast, Motley Fool analyst Jim Gillies and host Ricky Mulvey discuss:
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by discount chains and other competition.
Nordstrom (JWN) reported earnings 30 days ago. What's next for the stock?
The Nordstrom family has long wished to wrestle back control of the retail company founded by patriarch John W. Nordstrom in 1901.
JWN looks to go private as it will be acquired by the Nordstrom family and Liverpool.