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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)

Special Committee Of Nordstrom Board Rejects An Indicative Proposal To Acquire The Company
Monday, 5 Mar 2018 04:30pm EST 

March 5 (Reuters) - Nordstrom Inc ::SPECIAL COMMITTEE OF NORDSTROM BOARD ANNOUNCES THE RECEIPT AND REJECTION OF AN INDICATIVE PROPOSAL TO ACQUIRE THE COMPANY.SPECIAL COMMITTEE OF NORDSTROM BOARD ANNOUNCES THE RECEIPT AND REJECTION OF AN INDICATIVE PROPOSAL TO ACQUIRE THE COMPANY.NORDSTROM - NOTIFIED BY GROUP CONSISTING OF MEMBERS OF CO'S FAMILY THAT GROUP TO SUBMIT PROPOSAL TO PURCHASE ALL SHARES OF STOCK OF CO NOT ALREADY OWNED.NORDSTROM - UNLESS GROUP CAN PROMPTLY, SUBSTANTIALLY IMPROVE PRICE IT IS PROPOSING TO PAY FOR CO, SPECIAL COMMITTEE INTENDS TO TERMINATE DISCUSSIONS.NORDSTROM - CO'S ‍SPECIAL COMMITTEE REVIEWED THE PROPOSAL AND HAS DETERMINED THAT "PRICE PROPOSED IS INADEQUATE​".NORDSTROM - GROUP TO SUBMIT PROPOSAL TO PURCHASE OUTSTANDING SHARES, ABOUT 21PCT SHARES OWNED BY NORDSTROM FAMILY MEMBERS, FOR $50/SHARE IN CASH.  Full Article

Nordstrom And Anthropologie Announce Partnership
Monday, 5 Mar 2018 03:43pm EST 

Nordstrom Inc ::NORDSTROM AND ANTHROPOLOGIE ANNOUNCE PARTNERSHIP.NORDSTROM - TO INTRODUCE MORE THAN 200 ITEMS FROM ANTHROPOLOGIE HOME AT SELECT NORDSTROM FULL-LINE STORES & ON NORDSTROM.COM, BEGINNING MARCH 19.  Full Article

Nordstrom Q4 Earnings Per Share $0.89 Including Items
Thursday, 1 Mar 2018 04:05pm EST 

March 1 (Reuters) - Nordstrom Inc ::NORDSTROM REPORTS FOURTH QUARTER AND FISCAL 2017 EARNINGS.Q4 SALES $4.6 BILLION.Q4 EARNINGS PER SHARE $0.89 INCLUDING ITEMS.TOTAL COMPANY COMPARABLE SALES FOR Q4 INCREASED 2.6 PERCENT.SEES 2018 EARNINGS PER DILUTED SHARE (EXCLUDING IMPACT OF ANY FUTURE SHARE REPURCHASE) $3.30 TO $3.55.NORDSTROM - QTRLY RESULTS INCLUD IMPACTS ASSOCIATED WITH CORPORATE TAX REFORM CONSISTING OF $0.25 CHARGE PRIMARILY RELATED TO INCOME TAX PROVISION.NORDSTROM - QTRLY RESULTS ALSO INCLUDE ONE-TIME PRETAX INVESTMENT IN ITS EMPLOYEES OF $16 MILLION OR $0.06.SEES 2018 NET SALES $15.2 BILLION TO $15.4 BILLION.SEES 2018 COMPARABLE SALES UP 0.5 PERCENT TO 1.5 PERCENT.NORDSTROM- BEGINNING Q1 2018, PLANS TO MAKE REPORTING CHANGES LIKE ALLOCATION OF CREDIT BUSINESS TO NORDSTROM FULL-PRICE, NORDSTROM OFF-PRICE BUSINESSES.REPORTING CHANGES NOT EXPECTED TO IMPACT TOTAL COMPANY NET EARNINGS, EARNINGS PER SHARE, FINANCIAL POSITION OR CASH FLOWS.WILL ALSO ADOPT REVENUE RECOGNITION ACCOUNTING CHANGES BEGINNING IN FISCAL 2018.Q4 REVENUE VIEW $4.62 BILLION -- THOMSON REUTERS I/B/E/S.DOES NOT PLAN TO REPURCHASE ANY SHARES WHILE MEMBERS OF NORDSTROM FAMILY EXPLORE POSSIBILITY OF A "GOING PRIVATE TRANSACTION.".  Full Article

Nordstrom Sets Quarterly Dividend Of $0.37 Per Share
Wednesday, 21 Feb 2018 04:37pm EST 

Feb 21 (Reuters) - Nordstrom Inc ::NORDSTROM BOARD OF DIRECTORS APPROVES QUARTERLY DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.37PER SHARE.  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

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

BRIEF-Nordstrom Says Co-President Blake W. Nordstrom's 2017 Total Compensation Was $5.6 Million

* SAYS CO-PRESIDENT BLAKE W. NORDSTROM'S 2017 TOTAL COMPENSATION WAS $5.6 MILLION VERSUS $5.8 MILLION IN 2016 – SEC FILING