The secular headwinds continue for the department store sector [Seeking Alpha]
Nordstrom, Inc. (JWN)
Last nordstrom, inc. earnings: 3/3 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.nordstrom.com
Company Research
Source: Seeking Alpha
The rating agency has a cautious view due to the secular challenges of operating in the space and its reduced confidence in the ability of key players to successfully execute an operating strategy to profitably defend share. Fitch dropped the credit default rating on Kohl's ( NYSE: KSS ) down a notch to BB+, while Nordstrom's rating was lowered to BB. Both companies are seen as having an inability to support sales and margin stabilization despite some fundamental advantages such as scale and real estate positioning. Macy's ( NYSE: M ) and Dillard's ( NYSE: DDS ) were kept with a BBB- rating. In terms of financials, Fitch's ratings assume Macy's ( M ), Kohl's ( KSS ), and Nordstrom ( NYSE: JWN ) can maintain EBITDAR leverage in the mid-2x, low-3x and high-3x ranges, respectively. Looking ahead, Fitch expects revenue and EBITDA to remain well below pre-pandemic levels and remain range-bound at best across the group, even assuming some progress with topline initiatives, given secular h
Show less
Read more
Impact Snapshot
Event Time:
JWN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JWN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JWN alerts
High impacting Nordstrom, Inc. news events
Weekly update
A roundup of the hottest topics
JWN
News
- Nordstrom, Inc. (NYSE: JWN) had its price target raised by analysts at JPMorgan Chase & Co. from $15.00 to $17.00. They now have an "underweight" rating on the stock.MarketBeat
- Kizik Opens Store at Mall of America as Retail Expansion Plan Kicks Into High Gear [Yahoo! Finance]Yahoo! Finance
- Nordstrom settles lawsuit after Patagonia accused retailer of selling 'obvious counterfeits' [USA TODAY]USA TODAY
- Here's Why You Should Retain Nordstrom (JWN) in Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Nordstrom to Report First Quarter 2024 Financial Results on May 30 [Yahoo! Finance]Yahoo! Finance
JWN
Earnings
- 3/5/24 - Beat
JWN
Sec Filings
- 4/25/24 - Form SC
- 4/18/24 - Form 8-K
- 4/18/24 - Form SC
- JWN's page on the SEC website