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Nordstrom, Inc. - $JWN STOCK NEWS

Welcome to our dedicated page for Nordstrom news (Ticker: $JWN), a resource for investors and traders seeking the latest updates and insights on Nordstrom stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nordstrom's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nordstrom's position in the market.

Rhea-AI Summary

Nordstrom, Inc. (NYSE: JWN) will report its first quarter 2024 financial results on May 30, 2024, followed by a conference call discussing the company's financial performance and outlook. The 45-minute call will be available via telephone and webcast. Investors can access live and replay options at investor.nordstrom.com.

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Nordstrom, Inc. announced plans to open a new Nordstrom Rack location in Apple Valley, Minnesota in spring 2025, offering great brands at great prices. The 30,000 square-foot store will be located in Fischer Marketplace, contributing to Nordstrom's Closer to You strategy. Nordstrom's expansion in Minnesota will create jobs and further economic impact in the state.

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0.85%
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Rhea-AI Summary
Nordstrom's Board of Directors forms a special committee to evaluate a potential going-private transaction proposed by Erik and Pete Nordstrom. The special committee will assess all proposals to enhance shareholder value, including those from other parties. Financial and legal advisors have been retained to guide the evaluation process.
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Nordstrom unveils a new brand offering timeless, versatile pieces with premium fabrics and details. The collection includes tailored classics and minimalist styles in neutral hues, priced from $29.50-$179. The brand aims to provide functional, dynamic wardrobe essentials inspired by modern utility trends.
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Nordstrom, Inc. reports Q4 net earnings of $134 million with adjusted EPS of $0.96. Total Company net sales increase by 2.2%, Nordstrom Rack sales grow by 14.6%. Fiscal 2023 adjusted EBIT is $567 million. The Company provides a fiscal 2024 outlook with revenue expected to decline by 2.0% to grow by 1.0%, and EPS projected at $1.65 to $2.05.
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Nordstrom, Inc. (JWN) declares a quarterly dividend of 19 cents per share, payable on March 27, 2024, to shareholders of record on March 12, 2024.
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management dividends
Rhea-AI Summary
Nordstrom, Inc. (JWN) will release its Q4 2023 financial results on March 5, 2024, followed by a conference call discussing the results and the 2024 outlook. Investors can access the call via telephone or webcast on investor.nordstrom.com.
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Nordstrom, Inc. (JWN) plans to open a new Nordstrom Rack in Manalapan Township, New Jersey in spring 2025, offering great brands at great prices. The 26,000-square-foot store will enhance the shopping experience with convenient services. This expansion highlights Nordstrom's commitment to growth and community engagement.
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Nordstrom, Inc. announced plans to open a new Nordstrom Rack in Geneva, Illinois in spring 2025. The 25,000-square-foot store will be located in Randall Square, a popular shopping center. This expansion is part of Nordstrom's Closer to You strategy, offering customers up to 70 percent off on-trend apparel, accessories, beauty, home, and shoes. The company operates four Nordstrom stores and 17 Nordstrom Rack stores in Illinois, generating nearly 3,000 jobs statewide. Nordstrom is also committed to investing in the diverse communities where it operates, with significant donations to Big Brothers Big Sisters of the United States.
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Nordstrom, Inc. (NYSE: JWN) plans to open two new Nordstrom Rack stores in Raleigh and Matthews, North Carolina, in fall 2024 and spring 2025, respectively. The expansion aims to offer customers a more convenient and interconnected experience across its stores and digital platforms. The off-price retail division of Nordstrom, Nordstrom Rack, will provide customers up to 70 percent off on-trend apparel, accessories, beauty, home, and shoes from top brands. The company's expansion in North Carolina will generate more than 600 jobs statewide and further enhance its economic impact in the region. Nordstrom also emphasizes its commitment to investing in the diverse communities where it operates, with significant donations to support its partnership with Big Brothers Big Sisters of the United States.
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Nordstrom, Inc.

NYSE:JWN

JWN Rankings

JWN Stock Data

3.31B
99.08M
39.35%
54.62%
11.27%
Family Clothing Stores
Retail Trade
Link
United States of America
SEATTLE

About JWN

at nordstrom, we empower our employees to set their sights high and blaze their own trails. this is a place where your success and growth are truly a result of your own efforts and achievements. our teams are made up of motivated people who work hard to become leaders within the company, at all levels of the organization. these well-traveled paths show how hard work, loyalty, a competitive spirit and your unwavering commitment to the customer can take you and your career to new places. in addition to being a great place to have a career, we’re also committed to respecting the environment and supporting our communities. to learn more, check out nordstromcares.com. interested in joining the nordstrom team? see some of our current opportunities under our careers tab or visit careers.nordstrom.com to apply today.