U.S. markets closed

Nordstrom, Inc. (JWN)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
36.45-0.52 (-1.41%)
At close: 4:00PM EST
Sign in to post a message.
  • m
    Sponsored Post:
    Nordstrom, Inc. said to potentially reiterate fourth quarter 2020 expectations, and might introduce its fiscal year 2021 outlook, and providing its long-term financial outlook. Check the disclaimer on the landing page. Furthermore, these other companies are said to be potentially fully permitted and merged for the next phase of exploration. Take a peek here and enjoy reading: https://b.link/BreakoutGoldStimulusPotentials
    Economic Pressure, and More Stimulus Getting Pushed By Force. Gold A Safe Haven? Investors Must Read ASAP
    Economic Pressure, and More Stimulus Getting Pushed By Force. Gold A Safe Haven? Investors Must Read ASAP
  • Y
    You Think
    JWN will blow past $40 next week with earnings beat!
  • P
    $MYTE conversation
    Good day for buying.
    Luxury consumers shopped online more than ever in the past year, forced by coronavirus-related restrictions to stay away from city-center stores and airport duty-free concessions.
    e-commerce sales have skyrocketed, with many if not most brands reporting increases in online revenue.
    Online sales at Gucci's parent company Kering, for example, more than doubled in the third quarter, the last period it reported on. They rose by two-thirds at German premium-apparel company Hugo Boss AG in the same period, and increased by triple figures at Swiss group Cie. Financière Richemont SA in the second half of its fiscal year. As a whole, online luxury sales almost doubled in 2020 to account for 23% of the market, Bain & Company said in a recent report with Italian trade association Altagamma.
    Online channels will account for a third of total luxury sales by 2025, from 12% in 2019.
    "The pandemic has fast-forwarded changes that were already happening in the online world," said Francesca DiPasquantonio, Deutsche Bank's head of global luxury research. "Companies that were already better positioned and had invested [in the online channel] since a long way back, they've found themselves in the best place to benefit from this shift. Companies that have neglected this channel find it hard to catch up," she said.
    The global luxury goods market is expected to grow with a CAGR of 10% from 2019 to 2024.
    Earnings Date: 2/25/21
  • V
    Nordstrom, I love you. This stock has been doing well, and I will keep holding long term
  • C
    A lot of short term gains have been made on this one. I’m one of those people. But things look too good long term for me to even consider selling any shares!!
  • S
    I do find it interesting that the markets have seemingly disliked this stock disproportionately to other department stores and even other mall dwellers. If you compare the stock performance of several of their competitors in the space from a year ago, pre-Covid, they have done substantially poorer than all of them with the exception of Macy's which admittedly has their own issues, least of all heavy debt. Though granted Nordstrom was still feeling a little additional height in their step from the "going private" conjecture going into 2020. We have LB which is up 105% and still having the boat anchor of VS with them and probably not going anywhere soon. We have BBBY which was just a disaster and only mildly better at up 75%. We have AEO which while having a good management team has a poor design team, though doing better with Aerie. Then we have ANF, which is just the opposite, decent design team, poor management which is up 61%. We have Kohl's up 15%, though I do find the tie up with Sephora pretty interesting and makes me wonder if LVMH ever considers buying a retailer from the USA. And finally Macy's which was a disaster and still pretty much so, though Gillette saved them by focusing on debt management prior to the Pandemic, and they are down 9%, yet at the end of the trial we have Nordstrom at down 11%. Not sure but seems like that is a bit out of sorts, though with the general run up in retail of late, not sure if I feel comfortable investing in any of them, even Nordstrom.
  • C
    Chris R
    The stock has tripled in 3 months and NSX has been short since the teens and says he’s made money 😂
  • B
    Go and google Nordstrom news you’ll find the article. The outlook still looks great not sure why it’s falling so much
  • J
    They want to buy the shares back at a cheaper price before the earnings so they can make a bigger gain from it. Just hold till at least the earnings and evaluate whether to stay or move on.
  • L
    I haven’t changed this board for a minute a can’t believe nsx is still here
  • Y
    You Think
    year end and quarterly earnings report on March 2nd. JWN will smash that forecast as online and instore sales together have been amazing! After earnings this will be moving towards $50 as much competition has been eliminated!
  • G
    In this market anything is possible, but JWN business is NOT better than it was the last few years when it was around $40...I think virtually everyone can agree on that, unless you somehow don't believe their numbers.

    And one reason it may have not been lower back then is because the Nordstrom family wanted to take it private...so that might have put floor on the stock.

    Think about this...PE firms like Blackrock/Apollo have gotten into retail in the past. None made any overtures towards M, JWN, or BBBY despite their stocks having cratered the past year...they're sitting on plenty of cash waiting to invest.

    Retail is hard!
  • c
    What happen?
  • I
    just keeps going down... I dont think the earnings report will pull it back up to 40. Im hopeful, but really considering selling
  • N
    KeyCorp raised JWN’s price target from $42 to $45.
  • J
    I need your advice. I believe that the stock market is currently a bubble waiting to pop. Should I sell some of my Nordstrom stocks and leave the others to get to $40? Thank you for your help.
  • I
    uhhh i hope this concerning drop today is because of people selling positions for AMC and GMS...
    im scared bruh i should sold at 40
  • N
    Chris R paid for my 85” big screen tv for super bowl 😂
  • g
    Just put in a $10,000 buy. Strike while the iron is hot we going to 50
  • s
    Target Raised by Telsey Advisory Group Market Perform USD 28 » USD 38