Nordstrom Inc (JWN) News

JWN 10Q due TUESDAY AUGUST 27

JWN new 52 week high

JWN new 52 week high

JWN new 52 week low

JWN new 52 week low

Nordstrom Shares Jump After Meme-Stock Activist Investor Ryan Cohen Builds Stake
https://www.zerohedge.com/markets/nordstrom-shares-jump-after-meme-stock-activist-investor-ryan-cohen-builds-stake

25.438
+4.298 (+20.33%)

Cheers

Ryan Cohen Takes Stake in Nordstrom $JWN

https://www.wsj.com/articles/ryan-cohen-takes-stake-in-nordstrom-11675382489

Activist investor. Stock up big after market.

Green on a crappy market day……

This stock Suits me to a Tee…..lol.

$$ JWN $$

Dang gap down

I don’t see any outlets in the local mall

Great to see this over $26 here. This is easily a $50 stock

Look at that jump on positive earnings. Nice

Great day here considering $SPY was down. Looking strong

$JWN sure follows the price of $SPY very closely when it trades

This stock is easily valued over $40 a share

Sub $10 by Summer 2022

I was wondering the same, eastunder. I think insurance will cover it. I also think Nordstrom's cost of insurance will shoot up at renewal time. And we will pay that in merchandise prices.

Black Friday Shopping?

Or Black Friday Looting?

I'm so confused how it works nowadays but Nordstrom got hit pretty bad.

Does insurance cover that?

https://www.marketwatch.com/story/high-end-stores-ransacked-in-san-francisco-nearby-walnut-creek-01637530838?siteid=yhoof2

JWN Pre- black Friday shopping at Nordstrom:

msn.com/en-us/news/us/after...

JWN $29s? $28ss? dont mind if I do

now its a falling knife! i love falling knives for quick swing trade

JWN has ton of support near $29-$30

but if $29 breaks, ut oh



still cant believe they pushed this down to $11-12 last year

JWN down $6!! ouch

JWN time to sell some more

profit taking here would be very wise

* * $JWN Video Chart 11-25-2020 * *

Link to Video - click here to watch the technical chart video

Nordstrom Stock Pops After Unexpected Profit
By Teresa Rivas
Nov. 24, 2020 5:12 pm ET

https://www.barrons.com/articles/nordstrom-stock-pops-after-unexpected-profit-51606255930?siteid=yhoof2

The department store Nordstrom delivered a large surprise profit for its fiscal third quarter, boosting the stock even though sales were light.

Nordstrom (ticker:JWN) said it earned 34 cents a share, while revenue fell 16% to $3.1 billion. Analysts were expecting the company to lose a nickel a share from revenue of $3.13 billion.

Digital sales increased 37% year over year to $1.6 billion, or 54% of the company’s total sales. At the company’s full-price stores, sales slipped 7%, while the Nordstrom Rack division notched a 32% decline.

Management said the off-price Rack segment continues to be the biggest source of new customers, and that it recently further integrated the unit’s inventory with its omnichannel platform, including expanding in-store pickup.

The results included Nordstrom’s Anniversary Sale, which is usually held in the summer but was delayed due to Covid-19. Excluding the benefit of the event, the company said that online sales increased by a percentage in the mid teens, roughly in line with the first half of the year. Full-price sales declined in the mid-20% range excluding the sale’s effects. Gross profits as a percentage of sales decreased by 1.5 percentage points, affected by the move in the Anniversary Sale’s timing and reduced sales volumes.

Nordstrom initially fell following the release, but was up 4.7% to $25.70 in late trading. More than 45% of the shares outstanding are shorted, so bears might be moving to cover their negative bets following the company’s unexpected profit.

Nordstrom stock has fallen roughly 40% in 2020, as the pandemic exacerbated issues such as declining mall traffic that have long plagued the department-store sector. However, the group has gotten a boost from vaccine hopes, and some analysts are growing more confident about the shares—even if they’re not willing to be bullish just yet.

The result was an encouraging change from the company’s disappointing second quarter, though some of the sales figures were lackluster compared to the prior period when excluding the Anniversary Sale’s impact.

JWN- was super sweet buy at $12-$14

JUST IN: $JWN Better Buy: Lululemon vs. Nordstrom

Retailers lululemon athletica (NASDAQ: LULU) and Nordstrom (NYSE: JWN) have been on two different tracks. Lululemon stock price has climbed 418% over the last three years, while Nordstrom's share price has dropped 61%. Lululemon offers plenty of growth opportunities, but...

Read the whole news JWN - Better Buy: Lululemon vs. Nordstrom

NEWS: $JWN Why Nordstrom Stock Was Rising Today

Shares of Nordstrom (NYSE: JWN) were gaining today as the high-end department store chain continued to rally following news earlier this week that Pfizer 's coronavirus vaccine candidate was effective in more than 90% of participants. There was no company-specific news out on No...

In case you are interested JWN - Why Nordstrom Stock Was Rising Today

News; $JWN Are These The Best Retail Stocks To Buy Amid The Holiday Season? 3 Names To Watch

Top Retail Stocks To Buy Or Sell With The Holiday Season Around The Corner As a whole, retail stocks have performed poorly in 2020 due to coronavirus pandemic. But this does not imply that they all are. Companies likes Walmart ( WMT Stock Report ) and Costco ( COST Stock R...

Read the whole news JWN - Are These The Best Retail Stocks To Buy Amid The Holiday Season? 3 Names To Watch

Breaking News: $JWN Should You Sell Department Store Stocks After the Vaccine Rally?

The S&P 500 jumped on Monday after Pfizer announced promising results from its ongoing clinical trial of a COVID-19 vaccine candidate. Based on the first interim efficacy analysis of the vaccine candidate, it appears to be more than 90% effective . The drugmaker could apply ...

Got this from JWN - Should You Sell Department Store Stocks After the Vaccine Rally?

* * $JWN Video Chart 11-03-2020 * *

Link to Video - click here to watch the technical chart video

JUST IN: $JWN Why Nordstrom Stock Plunged 25% in September

Shares of Nordstrom (NYSE: JWN) lost 25.5% in value last month, according to data from S&P Global Market Intelligence . The department store delivered lower-than-expected earnings results for the fiscal second quarter in late August. The weak results, along with the...

Got this from JWN - Why Nordstrom Stock Plunged 25% in September

Breaking News: $JWN Why Nordstrom Stock Rose 17% in August

Nordstrom (NYSE: JWN) shareholders outpaced a booming market in August. The stock jumped 17% compared to the S&P 500's 7% increase, according to data provided by S&P Global Market Intelligence . That rally only erased a small portion of the losses that the department store has post...

In case you are interested JWN - Why Nordstrom Stock Rose 17% in August

Looking like a nice area to load on up....

What's the point of that post? JWN was up 10% Friday.

News: $JWN Indices Sustain First Negative Weekly Close in Month

Stocks rose slightly on Friday, but posted their first weekly decline in over a month amid lingering worries around U.S.-China trade talks. The Dow Jones Industrials added 88.36 points to 27,854.65. The S&P 500 eked up 6.75 points to 3,110.29. The NASDAQ picked up 13.67 points...

Got this from JWN - Indices Sustain First Negative Weekly Close in Month

Earnings beat this Thursday?

$JWN must see Nordstrom Inc Nyse Jwn Short Squeeze

Any thoughts on this chart?

News: $JWN Nordstrom Joins G7 Fashion Pact To Address Global Climate Crisis

SEATTLE , Aug. 23, 2019 /PRNewswire/ --   Today, Nordstrom announced its commitment to the G7 Fashion Pact, a coalition of 32 global luxury retailers convened by French President Emmanuel Macron at the annual G7 Summit in Biarritz, France . Recognizing its role as one of the most ...

Got this from Nordstrom Joins G7 Fashion Pact To Address Global Climate Crisis

News: $JWN Nordstrom Names Teri Bariquit As Chief Merchandising Officer

SEATTLE , Aug. 22, 2019 /PRNewswire/ -- Leading fashion retailer Nordstrom, Inc. announced Teri Bariquit as Chief Merchandising Officer. In this newly created role, Bariquit will serve as a member of the company's executive team, leading the Full-Price and Off-Price merchandising...

Got this from Nordstrom Names Teri Bariquit As Chief Merchandising Officer

News: $JWN Stocks Sprint as Fed Officials Meet

Stocks traded higher for a second straight day on hopes the Federal Reserve chief will confirm expectations of easier monetary policy at a central banking summit this week. The Dow Jones Industrial Average continued its earlier momentum, charing ahead 81.13 points to 26,283.86, The S...

In case you are interested Stocks Sprint as Fed Officials Meet

News: $JWN Nordstrom Holds Up Well in a Tough Environment

Often, even when an industry is going through tough times, the best companies in the sector will find ways to outperform. Yet despite the strong reputation that Nordstrom (NYSE: JWN) has for quality in the department store retail space, the upscale retailer hasn't been able to avoid all the ...

Find out more Nordstrom Holds Up Well in a Tough Environment

News: $JWN Analysis: Positioning to Benefit within Neurocrine Biosciences, CONMED, TripAdvisor, Ryder System, Nordstrom, and Express - Research Highlights Growth, Revenue, and Consolidated Results

NEW YORK, Jan. 25, 2019 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Neurocrine Biosciences, Inc. (NASDAQ:NBIX), CONMED Corporation (NASDAQ...

Got this from https://marketwirenews.com/news-releases/analysis-positioning-to-benefit-within-neurocrine-biosciences-conmed-tripadvisor-ryder-system-nordstrom-and-express-research-highlights-growth-revenue-and-consolidated-results-7550984.html

Very Sad. Rip Blake Nordstrom

Going private, i bet you

Sweet afterhours JWN move today on news of likely going private!

NORDSTROM BRUCE A has filed a new activist 13D, reporting 15.5% ownership in $JWN - https://fintel.io/so/us/jwn and https://fintel.io/i/nordstrom-bruce-a