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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 Says On September 26, 2018 Co Entered A Revolving Credit Agreement With Lenders
Tuesday, 2 Oct 2018 04:50pm EDT 

Oct 2 (Reuters) - Nordstrom Inc ::NORDSTROM INC - ON SEPTEMBER 26, 2018, NORDSTROM ENTERED INTO A REVOLVING CREDIT AGREEMENT WITH LENDERS - SEC FILING.NORDSTROM INC - NEW CREDIT FACILITY IS FOR A MAXIMUM PRINCIPAL AMOUNT OF $800 MILLION DIVIDED INTO TWO TRANCHES.NORDSTROM INC - NEW CREDIT FACILITY REPLACED EXISTING $800 MILLION UNSECURED LINE OF CREDIT WHICH WAS SCHEDULED TO EXPIRE IN APRIL 2020.NORDSTROM INC - REVOLVING CREDIT AGREEMENT EXPIRES SEPTEMBER 26, 2023.  Full Article

Nordstrom Announces Brad Smith As Chairman Of Board
Wednesday, 29 Aug 2018 12:17pm EDT 

Aug 29 (Reuters) - Nordstrom Inc ::NORDSTROM, INC., ANNOUNCES BRAD SMITH AS CHAIRMAN OF BOARD OF DIRECTORS.NORDSTROM SAYS BOARD OF DIRECTOR BRAD SMITH WILL TAKE ON ADDITIONAL ROLE OF CHAIRMAN OF CO'S BOARD EFFECTIVE NOVEMBER 1.NORDSTROM INC - CHAIRMAN, PHIL SATRE, TO CONTINUE SERVING ON BOARD.  Full Article

Nordstrom Board Authorizes $1.5 Bln Share Repurchase Program
Wednesday, 22 Aug 2018 04:30pm EDT 

Aug 22 (Reuters) - Nordstrom Inc ::NORDSTROM BOARD OF DIRECTORS AUTHORIZES $1.5 BILLION SHARE REPURCHASE PROGRAM AND APPROVES QUARTERLY DIVIDEND.NORDSTROM BOARD OF DIRECTORS AUTHORIZES $1.5 BILLION SHARE REPURCHASE PROGRAM AND APPROVES QUARTERLY DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.37PER SHARE.AUTHORIZED A REPURCHASE PROGRAM OF UP TO $1.5 BILLION OF COMPANY'S OUTSTANDING COMMON STOCK, WITH NO EXPIRATION DATE.$1.5 BILLION SHARE REPURCHASE PROGRAM WILL REPLACE CO'S EXISTING REPURCHASE PROGRAM, WHICH HAS $327 MILLION OUTSTANDING AS OF AUGUST 4, 2018.  Full Article

Nordstrom Announces Investments In Digital Technology
Thursday, 8 Mar 2018 12:30pm EST 

Nordstrom Inc ::NORDSTROM ANNOUNCES INVESTMENTS IN DIGITAL TECHNOLOGY.NORDSTROM - CLOSED DEALS TO ACQUIRE TWO RETAIL TECHNOLOGY COMPANIES CALLED BEVYUP AND MESSAGEYES.  Full Article

Nordstrom Sees FY 2017 Earnings Per Share $2.90 To $2.95
Tuesday, 9 Jan 2018 04:05pm EST 

Jan 9 (Reuters) - Nordstrom Inc ::NORDSTROM REPORTS NOVEMBER AND DECEMBER COMBINED SALES.SEES FY 2017 REVENUE UP ABOUT 4.2 PERCENT.SEES FY 2017 EARNINGS PER SHARE $2.90 TO $2.95.- ‍INCREASE IN COMPARABLE SALES OF 1.2 PERCENT FOR NINE WEEKS ENDED DECEMBER 30, 2017, COMPARED WITH SAME PERIOD LAST YEAR​.FY EARNINGS PER SHARE VIEW $2.93, REVENUE VIEW $15.37 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Nordstrom Rack President Karen McKibbin To Retire
Monday, 8 Jan 2018 05:02pm EST 

Jan 8 (Reuters) - Nordstrom Inc ::NORDSTROM - GEEVY THOMAS, CHIEF INNOVATION OFFICER, WILL SUCCEED KAREN MCKIBBIN.NORDSTROM RACK PRESIDENT KAREN MCKIBBIN TO RETIRE.  Full Article

Nordstrom board of directors approves quarterly dividend
Wednesday, 15 Nov 2017 04:30pm EST 

Nov 15 (Reuters) - Nordstrom Inc :Nordstrom board of directors approves quarterly dividend.Nordstrom Inc - ‍board of directors approved a quarterly dividend of 37 cents per share payable on December 12, 2017​.  Full Article

Nordstrom posts Q3 earnings per share $0.67
Thursday, 9 Nov 2017 04:05pm EST 

Nov 9 (Reuters) - Nordstrom Inc :Nordstrom reports third quarter 2017 earnings.Q3 sales $3.5 billion versus I/B/E/S view $3.58 billion.Q3 earnings per share $0.67.Q3 earnings per share view $0.63 -- Thomson Reuters I/B/E/S.Nordstrom Inc says ‍in the quarter company net sales increased 2.0 percent and comparable sales decreased 0.9 percent​.Says ‍updated its annual outlook expectations for earnings per diluted share to incorporate Q3 results​.Nordstrom - ‍53rd week is expected to add approximately $200 million to total net sales and approximately $0.02 to $0.03 to earnings per diluted share​.Sees ‍FY earnings per diluted share of $2.85 to $2.95​.Nordstrom - ‍full-year impact from several hurricanes that occurred in Q3 is estimated to impact sales by $26 million, EBIT by $17 million and EPS by $0.06​.  Full Article

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

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Out of fashion? H&M tests new store to get back in vogue

STOCKHOLM Step into one of the more than 4,300 H&M budget fashion stores around the world and you often know what to expect: clothes racks crammed with tops, trousers and skirts in a spartan and sometimes cluttered environment.