Comparable store sales increased 0.4%, while net income slipped to $3.9m from $4.1m in the year-ago period. Net sales slipped to $98.3m, compared to $106.5m for the comparable prior year quarter. Meanwhile, net sales for the quarter were $57.5m, up 1% as compared $56.9 last year. Net sales were also up, rising 15% to $374.1m, compared to $325.4m last year.
Latest INX:JWN News
Date: 24 Sep 17 Time: 19:46
Date: 22 Sep 17 Time: 14:48
US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding
Date: 21 Sep 17 Time: 10:02
Does Nordstrom Really Think a Store With No Clothes in It Is a Good Idea?
What do you think this is, some kind of clothing store or something? Need your clothes hemmed or taken in? Customers will also be able to shop online at Nordstrom's Web store and pick up the merchandise at the store, and you don't even have to get out of your car -- someone will bring it to you curbside. Nordstrom isn't going in the opposite direction, it's just cutting out the major reason people shop its stores.
Date: 20 Sep 17 Time: 09:00
The Future of Shopping at Nordstrom and Wal-Mart Is Home Delivery
When shoppers walk into the new Nordstrom store in West Hollywood, Calif. The slow destruction of in-person retail has generated a new tactic by struggling American stores. Wal-Mart didn’t return requests for comment, while Nordstrom said its new store “is a test concept for us and we’re focused on taking care of customers. But the rest of the store is filled with showroom pieces and samples to try on and order.
Date: 20 Sep 17 Time: 08:00
The Future of Shopping Has No Clothes
BloombergSeptember 20, 2017. When shoppers walk into the new Nordstrom store in West Hollywood, Calif. The slow destruction of in-person retail has generated a new tactic by struggling American stores. Wal-Mart didn’t return requests for comment, while Nordstrom said its new store “is a test concept for us and we’re focused on taking care of customers. “It’s a smart way to do more with less,” said Kim.
Date: 18 Sep 17 Time: 13:51
Nordstrom Opens 3rd Store in Toronto at CF Sherway Gardens
Markedly, the new store will house five shoe departments, along with a wide range of services for bistro-style restaurant and bar. It should be noted that Nordstrom is housing KBeauty area in its store for the first time. Consequently, shares of this Zacks Rank #3 (Hold) stock has outperformed the industry in the last six months, driven by positive earnings trend. Recently, Nordstrom also announced the launch of Nordstrom Local, its first modern retailing concept store, which does not stock merchandise.
Date: 18 Sep 17 Time: 10:30
Technical Snapshots for These Apparel Stores Stocks -- Francesca's, Nordstrom, Tailored Brands, and Gap
On Friday, shares in Seattle, Washington-based Nordstrom Inc. ended the session flat at $46.74. The stock recorded a trading volume of 3.00 million shares, which was higher than its three months average volume of 2.13 million shares. The complimentary research report on JWN can be accessed at:. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document.
Story Sourcesquebecdailyexaminer.com lifepulsehealth.com prnewswire.com markets.businessinsider.com stockhouse.com
Date: 18 Sep 17 Time: 10:25
What Analysts Recommend for Nordstrom Stock
What's the Buzz around Nordstrom Stock? As of September 15, Nordstrom’s (JWN) stock was rated a “hold” by 61%, or 17 out of 28 analysts. The decline in the same-store sales of Nordstrom Rack stores reflects the pressure that even the company’s off-price business is facing. The company has also been expanding its off-price Nordstrom Rack store network.
Date: 18 Sep 17 Time: 10:25
Where Does Nordstrom’s Valuation Stand?
What's the Buzz around Nordstrom Stock? As of September 15, Nordstrom (JWN) was trading at a 12-month forward PE (price-to-earnings) ratio of 15.5x. has been added to your Ticker Alerts. Analysts’ expectations for Nordstrom’s top-line growth are better than the growth estimates for its peers.
Date: 18 Sep 17 Time: 10:24
What's the Buzz around Nordstrom Stock?
What's the Buzz around Nordstrom Stock? PART 1 OF 4. What’s the Buzz around Nordstrom Stock? has been added to your Ticker Alerts. For Market Realist updates, enter your email below.
Date: 18 Sep 17 Time: 10:24
Can Nordstrom’s Revenue Improve in a Tough Retail Market?
What's the Buzz around Nordstrom Stock? Nordstrom (JWN) delivered better top-line growth in the first half of fiscal 2017 compared to department stores like Macy’s (M), Kohl’s (KSS), and JCPenney (JCP). The company continues to strengthen its store network. The company will continue to expand this facility to more stores.
Date: 18 Sep 17 Time: 08:01
Transitions Edition: Venmo, Equifax & Nordstrom
Venmo launched a debit card powered by Shift Financial, Equifax tried to shift some blame for its horrific breach and Nordstrom decided to transition to a store design without inventory. First up was the announcement that Venmo is testing a free debit card linked to users’ accounts. Generally, one thinks of a store as a place to purchase items – but Nordstrom is rethinking that concept a bit. Venmo is doing more than P2P, Nordstrom is changing into a new look and Equifax will see a lot of change in its future – of that there is no doubt.
Date: 16 Sep 17 Time: 20:35
Why Experiential Shopping Is the Next Frontier in Retail
So I think if I had this opportunity locally to go into a store, put on a headset, virtual reality goggles with a controller and then work through a retiling project, and everything that I'm messing up is virtual, that would give me the confidence to go through with the project. Surprisingly, your do-it-yourself hardware store is on the forefront of experiential shopping. So Vans will plant that impulse for you to have a great time at one of these House of Vans, and then later buy online, or maybe walk into a physical store and buy their product. Sharma: The next example that I was interested in discussing today is House of Vans.
Date: 15 Sep 17 Time: 22:04
Nordstrom Local: Smart Retail Concept
Nordstrom Local will be contributing to customer loyalty while the retailer will be strengthening a key performance metric, the customer’s “intent to return. Instead of a point of sale, the Local aspires to become a physical manifestation of the Nordstrom brand, creating indulgent customer experiences that can be completed with purchases through any of the retailer's other channels. ” Traditional retailing has been based on simpler questions. ” determines the geographic location of a clothing store.
Date: 15 Sep 17 Time: 20:07
Retail Gets Personal With Nordstrom Local
It's a new store called Nordstrom Local, and that's supposed to open on Oct. 3rd. Nordstrom(NYSE:JWN) announced a new concept store this week called "Nordstrom Local", which will take a different tack in enticing you to buy the company's apparel and accessories. If you feel extremely loyal to Nordstrom and have a deeper bond than just going up to a rack and looking for a discount, you might be persuaded to order regularly, frequently stop in at your local store to pick up your clothes, and maybe pick up something else when you get there. They're still managing to expand and open new full-line Nordstrom locations in addition to their Nordstrom Rack stores.
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Key Stats & Ratios
|Quaterly Earnings Growth||-6.00%|
|Quaterly Revenue Growth||3.90%|
|Revenue per share||88.29|
|Earnings||10 Aug 21:00|