Nordstrom shares jump more than 10% on report retailer is trying to go private [MSNBC.com]
Nordstrom, Inc. (JWN)
Last nordstrom, inc. earnings: 3/3 04:05 pm
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Source: MSNBC.com
NordstromThe retailer's founding family is working withMorgan StanleyReuters reportedA deal might not happen, according to Reuters. A previous effort to take Nordstrom privatefizzled outNordstrom has struggled to drive sales in a competitive retail landscape where consumers squeezed by inflation have been watching their spending on apparel and other discretionary goods. Earlier this month, the company gave agloomy sales outlookNordstrom said it expects full-year revenue to range from a 2% decline to a 1% increase from 2023.Before Tuesday's move, the company's shares had fallen about 7% this year.Nordstrom did not immediately respond to CNBC's request for comment.
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JWN
News
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- Glancy Prongay & Murray LLP Announces Investigation of Nordstrom, Inc. (JWN)Business Wire
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- Shuffle Board: Chief People Officer Exits Under Armour, NewStore Names CEO [Yahoo! Finance]Yahoo! Finance
- Nordstrom Anniversary Sale 2024: Everything To Know About This Year's Event [Forbes]Forbes
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