Argus•March 04, 2021

Nordstrom, Inc.: Maintaining HOLD following 4Q

Symbols

JWN

Sector(s)

Consumer Cyclical

Rating

Current Price

$35.83

Price Target

$NaN

Earnings Estimate

Summary

Nordstrom Inc. operates a chain of 100 upscale specialty department stores and more than 249 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.