Nordstrom (JWN) Sets Priorities for 2024: Will It Aid Growth? [Yahoo! Finance]
Nordstrom, Inc. (JWN)
Last nordstrom, inc. earnings: 3/3 04:05 pm
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Source: Yahoo! Finance
In fiscal 2023, Nordstrom remained focused on improving its merchandise assortment by effectively managing its inventory levels, and making strategic investments in products and brands that align with customer preferences. The company achieved robust results in fiscal 2023 mainly backed by its focus on three priorities, including improving Nordstrom Rack performance, bolstering inventory productivity and optimizing supply-chain capabilities. These traits have aided JWN's financial performance and enhanced customer experience. Key Highlights As part of improving Nordstrom Rack performance, JWN opened 19 new Rack stores in fiscal 2023. This expansion enhanced the brand's presence and served as a profitable investment, delivering returns that exceeded the cost of capital. As a result, Nordstrom Rack reported comparable store sales growth of high-single digits in fourth-quarter fiscal 2023. Apart from this, Rack banner witnessed strength in its digital business, particularly Nords
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JWN
News
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- Shuffle Board: Chief People Officer Exits Under Armour, NewStore Names CEO [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