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Nordstrom Inc (JWN.N)

JWN.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Nordstrom names Anne Bramman CFO
Thursday, 4 May 2017 09:00am EDT 

May 4 (Reuters) - Nordstrom Inc :Nordstrom names Anne Bramman chief financial officer.Mike Koppel retired as company's CFO May 1, 2017.  Full Article

The Black Tux announces exclusive retail partnership with Nordstrom
Monday, 27 Mar 2017 04:38pm EDT 

The Black Tux:The Black Tux announces an exclusive retail partnership with Nordstrom.  Full Article

Nordstrom reports Q4 EPS $1.15
Thursday, 23 Feb 2017 05:56pm EST 

Nordstrom Inc : Nordstrom fourth quarter and fiscal 2016 earnings exceeded expectations . Q4 sales $4.2 billion versus i/b/e/s view $4.35 billion . Q4 same store sales fell 0.9 percent . Sees 2017 comparable sales approximately flat . Q4 earnings per share $1.15 excluding items . Q4 earnings per share $1.15 . Sees 2017 adjusted earnings per diluted share $2.75 to $3.00 . Nordstrom inc - company's 2017 outlook includes impact of 53rd week, which is estimated to add approximately $200 million to total net sales . Q4 earnings per share view $1.15 -- Thomson Reuters I/B/E/S . Sees 2017 net sales increase of 3% to 4% .Fy earnings per share view $3.06, revenue view $15.43 billion -- Thomson Reuters I/B/E/S.  Full Article

Nordstrom on conf call- FY forecast assumes continuation of negative trends in full-line stores offset by upsize online growth
Thursday, 23 Feb 2017 04:34pm EST 

Nordstrom Inc : On conf call- "early in the year our team took aggressive steps to realign inventory in response to changes in customer demand" . On conf call- Q4 sales growth outpaced inventory growth by nearly 500 basis points. . On conf call- five full-line stores in Canada contributed total sales of $300 million in 2016 . On conf call- full year forecast assumes continuation of negative trends in full-line stores offset by upsize online growth . Exec- " we have roughly 120 full-line stores today, all of them make money they all cash flow positive and we have overall very healthy fleet of stores" . Exec- over the next 5-10 yrs there's some stores in older centers that we think we can close and consolidate into stores nearby that we are investing in . Exec- "we're definitely interested in doing less promotional business and in some cases that means not be doing business with some vendors so that's an ongoing thing" Further company coverage: [JWN.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Nordstrom Q4 earnings per share $1.15
Thursday, 23 Feb 2017 04:05pm EST 

Nordstrom Inc : Q4 earnings per share $1.37 excluding items . Nordstrom fourth quarter and fiscal 2016 earnings exceeded expectations . Q4 sales $4.2 billion versus i/b/e/s view $4.35 billion . Q4 same store sales fell 0.9 percent . Sees 2017 comparable sales approximately flat . Q4 earnings per share $1.15 . Sees 2017 adjusted earnings per diluted share $2.75 to $3.00 . Nordstrom inc - company's 2017 outlook includes impact of 53rd week, which is estimated to add approximately $200 million to total net sales . Q4 earnings per share view $1.15 -- Thomson Reuters I/B/E/S . Sees 2017 net sales increase of 3% to 4% .Fy earnings per share view $3.06, revenue view $15.43 billion -- Thomson Reuters I/B/E/S.  Full Article

Nordstrom board authorizes $500 mln share repurchase program
Friday, 17 Feb 2017 09:00am EST 

Nordstrom Inc : Nordstrom board of directors authorizes $500 million share repurchase program and approves quarterly dividend . Nordstrom Inc - company intends to fund repurchase program from existing cash on hand . Nordstrom Inc- authorized a repurchase program of up to $500 million of company's outstanding common stock, through August 31, 2018 . Nordstrom Inc - existing repurchase program has $529 million outstanding as of January 28, 2017, and will expire on March 1, 2017 . Sets quarterly dividend of $0.37 per share .Nordstrom - repurchase program is in addition to company's existing repurchase program that was approved by board in October 2015.  Full Article

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BRIEF-Nordstrom adds Stacy Brown-Philpot to board

* Nordstrom Inc reelects 11 directors, adds Taskrabbit CEO Stacy Brown-Philpot to board