|Bid||51.29 x 1200|
|Ask||51.30 x 800|
|Day's Range||50.28 - 51.89|
|52 Week Range||40.37 - 67.75|
|Beta (3Y Monthly)||0.57|
|PE Ratio (TTM)||18.79|
|Earnings Date||May 9, 2018 - May 14, 2018|
|Forward Dividend & Yield||1.48 (2.91%)|
|1y Target Est||60.41|
Nordstrom (JWN) stock fell 13.7% on November 16 in reaction to the company’s earnings results for the period that ended on November 3. Nordstrom’s fiscal 2018 third-quarter revenue exceeded analysts’ expectations, while its adjusted EPS beat estimates by $0.01. Nordstrom also disclosed a charge resulting from refunds that the company has had to make to certain customers who were mistakenly charged a higher interest rate on store credit cards.
Off-price retail giant TJX is due to release its third quarter results on Tuesday morning, and several signals point towards a blowout earnings report.
The Zacks Analyst Blog Highlights: Lululemon Athletica, Nordstrom, Urban Outfitters and Burlington Stores
JCPenney (JCP) continued to disappoint investors with a steep decline in its revenue in the third quarter of 2018, which ended on November 3. JCPenney’s revenue, which includes retail net sales and credit income, declined 5.3% to $2.73 billion, falling behind analysts’ expectation of $2.81 billion. JCPenney’s revenue has declined in each of the first three quarters of fiscal 2018.
J. C. Penney Company, Inc. shares were down 5.15% on Friday with roughly 24.8 million shares traded, higher than the stock's average trading volume of about 14.1 million shares. For the quarter, J.C. Penney reported sales at stores open at least a year for the third quarter dropped 5.4% while analysts were only expecting a 0.5% loss. The Company withdrew its profit guidance and lowered its sales expectations for the year.
As Americans gear up for the year-end shopping spree that marks its start with Black Friday, those who order online will have some tough choices to make. Or they can take advantage of an expanding menu of free shipping choices, some with guaranteed next-day delivery in a direct challenge to Amazon.com Inc. Retailers, from Walmart Inc. to Nordstrom Inc., say the burgeoning number of choices are designed to allow shoppers to get their purchases in whatever way is most convenient for them.
Benzinga has featured looks at many investor favorite stocks over the past week. Retailers were featured in both bullish and bearish calls. Sentiment on the iPhone maker was mixed as well last week. The ...
Nordstrom Inc. said it took a nonrecurring 28-cents-per-share charge in the third quarter after it discovered that some cardholders with delinquent accounts paid too much interest.
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended higher Friday after starting the day in the red. Nvidia Corp. dropped nearly 19% after the chipmaker posted third-quarter adjusted earnings and revenue below estimates and the company issued weaker-than-expected fourth-quarter guidance.
Low unemployment and higher wages mean more people spending money this season. Yahoo Finance's Adam Shapiro, Julie Hyman and Brian Sozzi discuss.
Stephen Sadove, former chairman and CEO of Saks, on the retailers that will come out on top during this holiday season.