AllAnalyst Report
logoArgusNovember 25, 2020

Nordstrom, Inc.: Reducing estimates and reaffirming HOLD

Symbols
JWN
Sector(s)
Consumer Cyclical
Rating
Premium
Current Price
$37.37
Price Target
$NaN
Earnings Estimate
Premium
Summary

Nordstrom Inc. operates a chain of 130 upscale specialty department stores and more than 245 Nordstrom Rack stores. The company's target customer is 25-54 years old and has a household income of more than $100,000. The company's total square footage is just over 30 million, with about 24% of this space in California. The company operates an e-commerce website at Nordstrom.com.

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Analyst Profile

Deborah Ciervo, CFA

Analyst: Generalist
Deborah is a generalist responsible for analytical coverage of companies across all sectors for Argus Research. Prior to joining Argus, she was a Sr. Director of Global Partnerships at S&P Dow Jones Indices where she managed relationships with foreign exchanges and other partners. Deborah joined Dow Jones Indexes as an analyst in 1995 and held key roles in market data distribution and commercial policy, business and product development over her seventeen years with the company. She was Sr. Director of International Markets & Products from 2008-2012, where she led international sales and product management. Deborah earned the Chartered Financial Analyst (CFA) designation in 2004 and she holds a bachelor's degree in finance from Rider University.