Nordstrom names Guy B. Persaud to board
Nordstrom, Inc. (JWN) today announced the appointment of Guy B. Persaud to its Board of Directors, effective immediately. With Persaud's appointment, the Nordstrom Board has been expanded to...
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Nordstrom Announces Jamie Nordstrom appointed Chief Merchandising Officer, Fanya Chandler appointed President, Nordstrom Stores
Nordstrom, Inc. (JWN) today announced executive leadership appointments in the company's merchandising and store organizations, effective immediately. Jamie Nordstrom was appointed chief...
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Morgan Stanley maintains Nordstrom at 'underweight' with a price target of $15.00
An analyst from Morgan Stanley maintained Nordstrom (NYSE: JWN) at 'underweight' with a price target of $15.00 from a prior price target of %currency%%price%. Prior to this rating,...
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: Nordstrom leaves downtown San Francisco flagship as lease expires following sagging foot traffic
Retailer shutters a five-story retail location in the heart of San Francisco as it carries out plan to vacate the business by the end of August.
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'The dynamics of the downtown San Francisco market have changed dramatically': Nordstrom is bailing on a flagship store that's 35 years old
Sales at the connected Westfield mall, the San Francisco Centre, were $298 million last year, compared to $455 million in 2019.
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Monday’s Top Analyst Upgrades and Downgrades: Chewy, Dollar Tree, GE Healthcare, Netflix, Nordstrom, Palo Alto Networks and More
Monday's top analyst upgrades and downgrades included Abercrombie & Fitch, Affirm, APA, Chewy, Ciena, Digital Realty Trust, Dollar Tree, Fidelity National Information Services, GE Healthcare...
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Barclays maintains Nordstrom at 'underweight' with a price target of $14.00
An analyst from Barclays maintained Nordstrom (NYSE: JWN) at 'underweight' with a price target of $14.00 from a prior price target of %currency%%price%. Prior to this rating, Nordstrom had...
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Midday movers: Affirm, Gap, Marvell Technology and more
Investing.com -- U.S. stocks were rising after Federal Reserve Chair Jerome Powell told the gathering in Jackson Hole, Wyo., that inflation is still too high and the central bank was...
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Nordstrom shares slide after revenue disappoints
Nordstrom (NYSE:JWN) shares are down premarket Friday after missing second quarter sales expectations. {{erl-8340||Revenue for the quarter came in at $3.62 billion, below the consensus...
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Affirm, Netflix, AstraZeneca rise premarket; Nordstrom, Hawaiian Electric fall
Investing.com -- U.S. futures traded higher Friday, bouncing after the previous session’s substantial losses ahead of Fed chief Jerome Powell’s key speech at the Jackson Hole...
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Telsey maintains Nordstrom at 'market perform' with a price target of $19.00
An analyst from Telsey maintained Nordstrom (NYSE: JWN) at 'market perform' with a price target of $19.00 from a prior price target of %currency%%price%. Prior to this rating, Nordstrom...
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UBS maintains Nordstrom at 'sell' with a price target of $11.00
An analyst from UBS maintained Nordstrom (NYSE: JWN) at 'sell' with a price target of $11.00 from a prior price target of %currency%%price%. Prior to this rating, Nordstrom had 4 buy...
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5 big earnings hits: Nvidia's bang-up Q2; retail's bottom-line beats
Here is your Pro Recap of the biggest earnings reports you may have missed this week and how analysts responded: numbers out of tech names |Nvidia, Marvell, Snowflake, and Zoom, as well as...
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Dow futures tick higher after negative session, Workday lifts 3.2% post-earnings
Investing.com - U.S. stock futures ticked higher on Thursday night following declines among major benchmark indices as investors monitored fresh earnings results ahead of a key speech from...
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After-hours movers: Affirm gains following results, Domo sinks
After-Hours Stock Movers: Domo, Inc. (NASDAQ:DOMO) 22% LOWER; reported Q2 EPS of ($0.02), $0.07 better than the analyst estimate of ($0.09). {{erl-1082075||Revenue for the quarter came in at...
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Nordstrom reiterates annual guidance after Q2 results top estimates
Investing.com - Nordstrom reiterated its full-year guidance after reporting Thursday second-quarter results that topped analysts' expectations. Nordstrom Inc (NYSE:JWN) was down 5% in...
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Nordstrom earnings beat by $0.36, revenue fell short of estimates
Investing.com - Nordstrom (NYSE: JWN) reported second quarter EPS of $0.81, $0.36 better than the analyst estimate of $0.45. Revenue for the quarter came in at $3.62B versus the consensus...
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U.S. stocks turn lower after Nvidia's blowout earnings on AI surge
Investing.com -- U.S. stocks got a jolt from tech after Nvidia's stronger-than-expected earnings report and outlook, which demonstrated the surge of activity around artificial...
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Dow futures just lower, but tech stocks soar on Nvidia's stellar earnings
Investing.com -- U.S. stock futures traded in a mixed fashion Thursday, with blowout results from chipmaker Nvidia (NASDAQ:NVDA) boosting the tech sector ahead of the start of the Jackson...
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Dollar Tree, retailer earnings, Affirm reports: 3 things to watch
Investing.com -- Stocks were rallying on Wednesday ahead of this weekend's much-anticipated meeting of Federal Reserve officials in Jackson Hole, Wyo. Fed Chair Jerome Powell is scheduled to...
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Earnings Preview: Affirm, Gap, Marvell, Nordstrom
Two well-known retailers, a chipmaker and a mobile payments company are set to report quarterly earnings after U.S. markets close on Thursday.
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Nvidia earnings, Snowflake, Kohl's reports: 3 things to watch
Investing.com -- Stocks gave back some of their gains on Tuesday amid a steady stream of retail earnings as investors await Friday's speech by Federal Reserve Chairman Jerome Powell. While...
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Citi expects Burlington Stores and Nordstrom to top Q2 EPS estimates
In separate notes Thursday, Citi analysts told investors that they see Burlington Stores (NYSE:BURL) and Nordstrom (NYSE:JWN) topping second quarter earnings consensus expectations. In the...
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Nordstrom PT Raised to $20 at Citi; Sees Q2 Beat
Citi analyst raised the price target on Nordstrom (JWN) to $20.00 (from $17.00) while maintaining a Neutral rating."We expect 2Q EPS above consensus driven by better sales and GM. We model...
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Nordstrom Declares $0.19 Quarterly Dividend; 3.9% Yield
Nordstrom (NYSE:JWN) declared a quarterly dividend of $0.19 per share, or $0.76 annualized. The dividend will be payable on September 13, 2023, to stockholders of record on August 29, 2023,...
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U.S. retail sales, Home Depot, China and Russia rate calls - what's moving markets
Investing.com -- Wall Street heads lower ahead of the release of key retail sales data as well as results from home improvement retailer Home Depot. China cuts interest rates to help its...
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Deutsche Bank maintains Nordstrom at 'hold' with a price target of $23.00
An analyst from Deutsche Bank maintained Nordstrom (NYSE: JWN) at 'hold' with a price target of $23.00 from a prior price target of %currency%%price%. Prior to this rating, Nordstrom had 3...
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Top 5 things to watch in markets in the week ahead
Investing.com -- Wednesday’s minutes of the Federal Reserve’s July meeting will be closely watched as investors look for guidance on the near-term path of interest rates. Retail...
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Major retailers bring $14 billion in revenue to Black-owned brands
Companies like Nordstrom, Macy's and Sephora have partnered with the Fifteen Percent Pledge to drive sales to Black-owned businesses.
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Barclays maintains Nordstrom at 'underweight' with a price target of $15.00
An analyst from Barclays maintained Nordstrom (NYSE: JWN) at 'underweight' with a price target of $15.00 from a prior price target of %currency%%price%. Prior to this rating, Nordstrom had...
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Morgan Stanley maintains Nordstrom at 'underweight' with a price target of $16.00
An analyst from Morgan Stanley maintained Nordstrom (NYSE: JWN) at 'underweight' with a price target of $16.00 from a prior price target of %currency%%price%. Prior to this rating,...
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Stock market today: Dow kicks off June on firm footing amid debt-ceiling progress
Investing.com -- The Dow on Thursday kicked off June on a firm footing as investors cheered progress on the debt-ceiling bill with just days to go until the U.S. runs out of money. The Dow...
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S&P 500 rides debt-ceiling progress higher; Tech resumes climb
Investing.com -- The S&P 500 climbed Thursday as the U.S. moved closer to averting a default after the House passed a debt-ceiling bill. The S&P 500 was up 1.1%, the Dow Jones...
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Macy's, Dollar General, Okta fall premarket; Nordstrom rises
Investing.com -- Stocks in focus in premarket trade on Thursday, June 1st. Please refresh for updates. Nordstrom (NYSE:JWN) stock rose 3.5% after the department store operator...
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Nordstrom gains after topping Q1 estimates, but analysts remain bearish
Nordstrom (NYSE:JWN) shares jumped over 3% after the company reported results after the close, topping Q1 earnings and revenue estimates. Investors were given a boost after the department...
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