54.03 0.00 (0.00%)
After hours: 4:23PM EDT
|Bid||53.33 x 800|
|Ask||54.09 x 1300|
|Day's Range||52.99 - 54.09|
|52 Week Range||37.79 - 54.11|
|PE Ratio (TTM)||19.80|
|Earnings Date||Aug 16, 2018|
|Forward Dividend & Yield||1.48 (2.74%)|
|1y Target Est||52.81|
If you're a startup in New York City, don't expect to get on Greycroft's radar so easily. The Manhattan-based venture capital firm, which just raised $250 million for its fifth fund, has been targeting early stage companies outside of typical startup hubs. “Recently, our most successful investments weren’t in New York or Los Angeles, they were in Alabama and Chicago.
The proposed changes will redevelop the former Macy's location that closed in March. It spans nearly 300,000 square feet of space, and will give the regional mall a chance to attract new tenants and customers.
SEATTLE , July 16, 2018 /PRNewswire/ -- Mark your calendars for the one-of-a-kind Nordstrom Anniversary Sale launching this Friday, July 20 in the U.S. and Canada . The Nordstrom Anniversary Sale is the ...
Hudson's Bay Company has pulled all items in Ivanka Trump's fashion line from its website. The Canadian retail group, which owns such divisions as Lord & Taylor and Saks Fifth Avenue, attributed the decision to the brand's poor performance. Hudson's Bay Company HBC-CA has pulled all items in Ivanka Trump's fashion line from its website.
Shares of Nordstrom (JWN) fell earlier this week following its investor day, and the retailer's website and app experienced outages during early access to a big anniversary sale yesterday for the second year in a row. Chen has a Market Perform rating on Nordstrom shares, citing lower same-store sales and operating margins, but that doesn't mean he's not impressed with their long-term strategy. "The broader lesson for retail is our prediction that customer 'context' and 'engagement' will drive long-term competitive advantages for retailers–and there will be winners, consolidators–and losers." He thinks that Nordstrom will find success with its strategy, but in an environment that's becoming closer to a zero-sum game, that's a problem for rivals.
Good news for CA, Inc. (NASDAQ:CA) shareholders was bad news for Broadcom (NASDAQ:AVGO) owners. The market is ultimately saying Broadcom is overpaying for the headache of integrating the two companies, however, as AVGO shares ended Thursday’s action in the red to the tune of 13.7%. On balance though, Broadcom was the exception to the norm rather than the norm yesterday.
The term "fast fashion" is defined by retailers that attempt to mimic current fashion trends at affordable prices. While retailers like Urban Outfitters dominate this trend, can traditional giants like Nordstrom and Kohl's keep up? Let's take a closer look.
Nordstrom (NYSE:JWN) announced that the company is running its annual Nordstrom Anniversary Sale this year. Although the sale technically opens to the public on the 20th, company card holders will have early access to the Nordstrom Anniversary Sale starting on Thursday, July 12. You’ll be able to buy everything from clothes, shoes, household items, accessories and beauty products.
Telsey Advisory Group upgrades Nordstrom to an "outperform" rating. The firm is optimistic that the retailer can achieve its long-term growth targets. "Halftime Report" traders Jim Lebenthal and Sarat Sethi believe there are other names in the sector with more potential upside.
Nordstrom (JWN) laid out an ambitious five-year growth strategy during its Investor Day meeting on Tuesday, and the market has had mixed reactions. Can it become "the best retailer in a digital world?"
Data science has again brought the world a new app in the form of Stitch Fix (NASDAQ:SFIX). Stitch Fix combines data and human judgment to provide clothing styled to the customer’s needs and desires. To be sure, Stitch Fix’s has taken personal clothing shopping to a new level.
BP, Mattel, Stitch Fix, Nordstrom and Urban Outfitters highlighted as Zacks Bull and Bear of the Day
Nordstrom doesn't expect sales growth to rebound to the levels experienced just a few years ago -- but rising free cash flow could still drive big gains for the stock.
NEW YORK, NY / ACCESSWIRE / July 11, 2018 / Nordstrom shares fell on Tuesday after weak guidance from the company and a downgrade from KeyBanc Capital Markets. Shares of PepsiCo were rising after the company reported second quarter results that beat on both the top and bottom line. Nordstrom, Inc. shares closed down 2.67% on almost 7.7 million shares traded.
Nordstrom (JWN) stock fell 2.7% on July 10 following a rating downgrade by KeyBanc Capital Markets. On July 10, KeyBanc Capital Markets lowered its rating for Nordstrom stock to “sector weight” from “overweight.” The downgrade reflected Amazon (AMZN) and other e-commerce retailers’ strength in the apparel space. Nordstrom has been making significant investments to enhance its online capabilities.
Pre-market today, WallStEquities.com covers the Apparel Stores space, which sells clothing, footwear, and accessories to consumers. Lined up for scanning this morning are the following four stocks: Express Inc. (NYSE: EXPR), J.Jill Inc. (NYSE: JILL), L Brands Inc. (NYSE: LB), and Nordstrom Inc. (NYSE: JWN).
The S&P 500 rose for a fourth session on Tuesday to post its highest close since Feb. 1, the day before the market began a sharp extended selloff, as strong results from PepsiCo boosted optimism about the earnings season. The consumer staples index climbed 1.3 percent and provided the biggest lift to the S&P 500, driven by PepsiCo , which gained 4.8 percent, while Procter & Gamble rose 2.5 percent and Coca-Cola was up 1.3 percent.
On a day stocks rose as earnings season got underway, PepsiCo boosted consumer stocks with a good earnings report, and Nordstrom fell on a downgrade.
Nordstrom stock is down after the company announces its fiscal 2018 forecast, part of its investor day presentation.
The growth of online retailers and subscription boxes means success for traditional retail stores like Nordstrom (NYSE: JWN ) and Urban Outfitters (NYSE: URBN ) will be harder fought, according to KeyBanc ...
At a Tuesday presentation for investors, Nordstrom Inc. executives outlined a strategic plan and a long-term financial outlook that includes revenue growth of 3 to 4 percent on an average annualized basis from 2017 to 2022. Upscale brands of that kind largely can’t be found on Amazon.