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Nordstrom Inc (JWN.N)

JWN.N on New York Stock Exchange

42.01USD
18 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Nordstrom family to temporarily suspend exploring going private deal for Nordstrom
Monday, 16 Oct 2017 09:18am EDT 

Oct 16 (Reuters) - Nordstrom family::In light of difficulty obtaining debt financing in current retail environment, suspended exploration of going private deal for rest of year‍​.Group intends to continue to explore possibility of making a proposal for going private transaction for Nordstrom Inc after holiday season‍​.  Full Article

Nordstrom names Kelley Hall Chief Accounting Officer
Monday, 21 Aug 2017 12:00pm EDT 

Aug 21 (Reuters) - Nordstrom Inc ::Nordstrom names Kelley Hall Chief Accounting Officer.Hall most recently serving as vice president and CFO for Nike Inc's Enterprise Operations​.  Full Article

Nordstrom sets quarterly dividend of $0.37per share
Wednesday, 16 Aug 2017 04:30pm EDT 

Aug 16 (Reuters) - Nordstrom Inc :Sets quarterly dividend of $0.37per share.  Full Article

Nordstrom Q2 earnings per share $0.65
Thursday, 10 Aug 2017 04:05pm EDT 

Aug 10 (Reuters) - Nordstrom Inc :Nordstrom second quarter 2017 earnings achieved expectations.Q2 sales $3.7 billion versus I/B/E/S view $3.75 billion.Q2 earnings per share $0.65.Nordstrom Inc sees ‍2017 earnings per diluted share $2.85 to $3.00​.Q2 earnings per share view $0.64 -- Thomson Reuters I/B/E/S.Nordstrom Inc - sees ‍FY comparable sales to be approximately flat​.Nordstrom Inc sees ‍2017 net sales growth of approximately 4 percent​.Nordstrom Inc - qtrly ‍comparable sales increased 1.7 percent​.Nordstrom Inc - ‍53rd week is expected to add about $200 million to total net sales and about $0.02 to $0.03 to earnings per diluted share to 2017 results​.FY earnings per share view $2.96, revenue view $15.28 billion -- Thomson Reuters I/B/E/S.  Full Article

Nordstrom family group says collectively owns about 31.2 pct stake in co
Thursday, 8 Jun 2017 09:31am EDT 

June 8 (Reuters) - Nordstrom Inc ::Nordstrom family files to say, as of June 7, on a combined basis, they own 51.8 million shares of Nordstrom Inc's common stock, representing about 31.2% stake in co.Nordstrom says it formed a group consisting of Bruce A. Nordstrom; Anne E. Gittinger; Blake W. Nordstrom; erik B. Nordstrom; James F. Nordstrom, Jr.; and Peter E. Nordstrom.  Full Article

Nordstrom says committee required members of Nordstrom family enter letter agreement
Thursday, 8 Jun 2017 09:21am EDT 

June 8 (Reuters) - Nordstrom Inc ::Nordstrom - in connection with moratorium statute waiver, special committee required members of Nordstrom Family who are part of group enter agreement with co.Nordstrom - committee required members of Nordstrom family enter letter agreement with co containing non-disclosure, non-use, standstill provisions.Nordstrom -standstill provisions of letter agreement prevent members of group from taking certain actions from date of letter agreement until Jan 31, 2019.Nordstrom - ‍letter agreement provides that, after January 31, 2019, group automatically disbands and may no longer rely on moratorium statute waiver​.  Full Article

Nordstrom adds Stacy Brown-Philpot to board
Monday, 22 May 2017 12:00pm EDT 

May 22 (Reuters) - Nordstrom Inc ::Nordstrom Inc reelects 11 directors, adds Taskrabbit CEO Stacy Brown-Philpot to board.With addition Brown-Philpot, Nordstrom board will consist of 12 directors.  Full Article

Nordstrom sets quarterly dividend of $0.37 per share
Tuesday, 16 May 2017 02:00pm EDT 

May 16 (Reuters) - Nordstrom Inc JWN.N:Nordstrom board of directors approves quarterly dividend.Sets quarterly dividend of $0.37per share.  Full Article

Nordstrom says lifestyle brand goop partnering with co
Friday, 12 May 2017 08:00am EDT 

May 12 (Reuters) - Nordstrom Inc :Nordstrom inc - goop partnering with co to bring goop's retail curation to pop-in@nordstrom in select stores across country and online.  Full Article

Nordstrom Q1 earnings per share $0.37
Thursday, 11 May 2017 04:05pm EDT 

May 11 (Reuters) - Nordstrom Inc ::Q1 earnings per share $0.37.Q1 earnings per share view $0.27 -- Thomson Reuters I/B/E/S.Sees 2017 comparable sales approximately flat.quarter ending inventory growth of 1.6 percent.Sees 2017 earnings per diluted share $2.75 to $3.00.Nordstrom inc qtrly total company net sales increased 2.7 percent and comparable sales decreased 0.8 percent, compared with same quarter last year.Sees FY 2017 revenue up 3 to 4 percent.53Rd week in FY 2017 is expected to add approximately $200 million to total net sales in FY 2017.Fy2017 earnings per share view $2.93, revenue view $14.79 billion -- Thomson Reuters I/B/E/S.Q1 total revenues $3,354 million versus $3,249 million.Q1 revenue view $3.34 billion -- Thomson Reuters I/B/E/S.  Full Article

UPDATE 2-HBC falls after shelved Nordstrom privatization plan drags down retailers

TORONTO/BENGALURU, Oct 16 Shares in Hudson's Bay Co, which is reviewing strategic options including privatization, fell as much as 5.5 percent on Monday, after rival Nordstrom Inc's failed attempt to go private spooked sentiment for other U.S. retailers, analysts said.