SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation into Nordstrom, Inc.
NEW YORK, NY / ACCESS Newswire / April 18, 2025 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Nordstrom, Inc. ("JWN" or the "Company") (NYSE:JWN) stock purchased prior to December 22, 2024. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the Company by Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the "Nordstrom Family") and El Puerto de Liverpool, S.A.B.
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Informs Shareholders of an Investigation into Nordstrom, Inc.
NEW YORK, NY / ACCESS Newswire / April 17, 2025 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Nordstrom, Inc. ("JWN" or the "Company") (NYSE:JWN) stock purchased prior to December 22, 2024. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the Company by Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the "Nordstrom Family") and El Puerto de Liverpool, S.A.B.
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NORDSTROM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Nordstrom, Inc. - JWN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Nordstrom, Inc. (NYSE: JWN) to Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the “Nordstrom Family”) and El Puerto de Liverpool, S.A.B. de C.V. Under the terms of the proposed transaction, shareholders of Nordstrom will receive $24.25 in cash for each share of Nordstrom t.
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Nordstrom's Strategies Yield Results: Stock Gains 38.4% in a Year
JWN focuses on growth at the Nordstrom Rack banner. Digital efforts are also underway.
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3 Momentum Anomaly Stocks to Buy as Markets Rise on Tariff Pause
JWN, EXE and CME are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Initiates Investigation into Nordstrom, Inc.
NEW YORK, NY / ACCESS Newswire / April 15, 2025 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Nordstrom, Inc. ("JWN" or the "Company") (NYSE:JWN) stock purchased prior to December 22, 2024. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the Company by Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the "Nordstrom Family") and El Puerto de Liverpool, S.A.B.
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into Nordstrom, Inc.
NEW YORK, NY / ACCESS Newswire / April 14, 2025 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Nordstrom, Inc. ("JWN" or the "Company") (NYSE:JWN) stock purchased prior to December 22, 2024. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the Company by Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the "Nordstrom Family") and El Puerto de Liverpool, S.A.B.
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Shapellx Enters Nordstrom Online Marketplace, Ushering in a New Era of Multichannel Retail
Milestone Partnership Recognizes Shapellx's Brand Value, Product Effectiveness, and Leading Position in the Industry Milestone Partnership Recognizes Shapellx's Brand Value, Product Effectiveness, and Leading Position in the Industry
globenewswire.com
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Is Nordstrom (JWN) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into Nordstrom, Inc
NEW YORK, NY / ACCESS Newswire / April 4, 2025 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Nordstrom, Inc. ("JWN" or the "Company") (NYSE:JWN) stock purchased prior to December 22, 2024. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the Company by Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the "Nordstrom Family") and El Puerto de Liverpool, S.A.B.
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Nordstrom's Growth Efforts Seem Promising: Buy or Hold the Stock?
JWN focuses on growth at the Nordstrom Rack banner. Digital efforts are also underway.
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1 Ideal Buy From 23 "Safer" April Dividend Dogs In 50 Fortune World's Most Admired Companies (FWMAC)
1 Ideal Buy From 23 "Safer" April Dividend Dogs In 50 Fortune World's Most Admired Companies (FWMAC)
seekingalpha.com
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Nordstrom (JWN) Up 0.4% Since Last Earnings Report: Can It Continue?
Nordstrom (JWN) reported earnings 30 days ago. What's next for the stock?
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Is Nordstrom (JWN) Outperforming Other Retail-Wholesale Stocks This Year?
Here is how Nordstrom (JWN) and Zalando (ZLNDY) have performed compared to their sector so far this year.
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Fast-paced Momentum Stock Nordstrom (JWN) Is Still Trading at a Bargain
Nordstrom (JWN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
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Is Nordstrom the Best Discounted Retail Stock to Buy at 11.3X P/E?
JWN is well-positioned for sustainable growth, leveraging strategic initiatives, digital transformation and operational efficiencies to drive profitability.
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Should Value Investors Buy Nordstrom (JWN) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates JWN and ALBT on Behalf of Shareholders
NEW YORK , March 12, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Nordstrom, Inc. (NYSE: JWN)'s sale to Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. for $24.25 in cash per share.
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Nordstrom's Growth Strategies Yield: Stock Gains 37.2% in a Year
JWN focuses on growth at the Nordstrom Rack banner. Digital efforts are also underway.
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Pop Mart Collectibles Store To Open First CT Store At Norwalk Mall
NORWALK, CT — Pop Mart, a popular toys and collectibles store franchise, is set to open its first Connecticut location at the SoNo Collection mall this month. A sign teasing the store's opening was spotted at the mall, located at 100 N Water Street in Norwalk, in late February. While representatives for Pop Mart could not be immediately reached for comment, the company announced this week on social media the Norwalk store will officially open at the mall Saturday. "Save the date for something big," the announcement reads. "We're thrilled to announce the grand opening of our official store at the SoNo Collection in Connecticut! Join us on [March 8] to celebrate, explore our new space and enjoy exclusive opening specials. Don't miss out...we can't wait to see you there!" The store will be located on the mall's first floor, next to Casper and across from Abercrombie & Fitch, near the Nordstrom department store. To celebrate the grand opening, Pop Mart will offer a number of opening specials at the SoNo Collection store. Pop Mart is known for selling collectible designer toys, accessories and other similar items, many of which are sold in surprise "blind boxes." The company is based in China and has a number of store locations in the U.S., including New York and New Jersey, however the Norwalk store will be the company's first location in Connecticut. The opening will mark another strong new addition to the SoNo Collection's roster of stores, restaurants and experiences over the past year. In September, signs teasing new Hot Topic, Carter's and GameStop stores could be spotted on the mall's third and second floors. Sally's Apizza, arguably one of Connecticut's most famous pizza shops that originated in New Haven nearly a century ago, confirmed in January its long-anticipated Norwalk restaurant will open at the SoNo Collection sometime between April and June.
https://www.patch.com
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Nordstrom Q4 Earnings Beat Estimates, Comparable Sales Rise 4.7%
JWN posts mixed fourth-quarter fiscal 2024 results. Sales at the Nordstrom Rack banner increases 1.2% year over year.
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Are Investors Undervaluing Nordstrom (JWN) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Nordstrom is going private. Here's how the Seattle family built its retail empire.
Nordstrom's founding family is taking the retail chain private with help from a Mexican retailer. Bruce Nordstrom, whose grandfather started the department store in 1901, died last year.
businessinsider.com
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Nordstrom beats expectations as search for CFO gets underway
Nordstrom Inc unveiled expectation-beating fourth quarter sales as news broke its chief financial officer was to jump ship to Starbucks Corp on Tuesday. Comparable sales climbed by 4.7% in the three months to February 1, the department store operator reported, outdoing analysts' expectations for a 1.3% rise.
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Compared to Estimates, Nordstrom (JWN) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Nordstrom (JWN) give a sense of how the business performed in the quarter ended January 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Nordstrom Tops EPS; Revenue Steady
Nordstrom (JWN 0.12%), a fashion retailer known for its flagship stores and Nordstrom Rack discount outlets, reported its fourth quarter 2024 earnings on March 4, 2025. The company exceeded expectations with an adjusted earnings per share (EPS) of $1.10, compared to the consensus estimate of $0.93.
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Nordstrom (JWN) Surpasses Q4 Earnings Estimates
Nordstrom (JWN) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.96 per share a year ago.
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Starbucks taps Nordstrom's Cathy Smith as CFO
Starbucks in the middle of a turnaround plan under Chief Executive Brian Niccol.
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Starbucks nabs Nordstrom CFO in ongoing reshuffle
Starbucks Corp has poached Nordstrom chief financial officer Cathy Smith as the coffee shop chain continues to embark on turnaround efforts. Smith replaces longtime veteran Rachel Ruggeri, who had been at Starbucks for over 20 years and became chief financial officer in 2021.
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Starbucks poaches Nordstrom CFO as executive shake-up continues
Nordstrom CFO Cathy Smith will join Starbucks, replacing its current chief financial officer Rachel Ruggeri. Starbucks CEO Brian Niccol has shaken up the leadership team since joining the coffee chain in September.
cnbc.com
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Nordstrom posts better-than-expected earnings ahead of going-private transaction
The company is not offering guidance for 2025 or hosting an earnings call, as it prepares to go private.
marketwatch.com
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Nordstrom beats holiday-quarter sales estimates; CFO steps down
Department store operator Nordstrom on Tuesday beat Wall Street expectations for quarterly comparable sales and said its Chief Financial Officer Cathy Smith would step down.
reuters.com
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Nordstrom Reports Fourth Quarter 2024 Earnings
Revenue, comparable sales and earnings at or above high end of fiscal 2024 outlook Quarterly sales growth across banners, stores and digital excluding the 53rd week; comparable sales up 4.7 percent Strong EBIT margin in fourth quarter, expanding year-over-year SEATTLE , March 4, 2025 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported fourth quarter net earnings of $165 million, or $0.97 per diluted share ("EPS"), and earnings before interest and taxes ("EBIT") of $242 million. Excluding privatization fees and an accelerated technology depreciation charge, the Company reported adjusted EBIT of $273 million and adjusted EPS of $1.10.1 For the fiscal year ended February 1, 2025, net earnings were $294 million and EPS was $1.74, with EBIT of $495 million, or 3.4 percent of sales.
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Top Wall Street Forecasters Revamp Nordstrom Price Expectations Ahead Of Q4 Earnings
Nordstrom, Inc. JWN will release its fourth-quarter financial results, after the closing bell, on Tuesday, March 4.
benzinga.com
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Nordstrom Gears Up for Q4 Earnings: Will Investors See a Surprise?
JWN's fourth-quarter performance is likely to have gained from robust holiday performance and the enhancement of digital capabilities.
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Gear Up for Nordstrom (JWN) Q4 Earnings: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Nordstrom (JWN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2025.
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Nordstrom Board of Directors Approves Quarterly Dividend
SEATTLE , Feb. 26, 2025 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced today its board of directors approved a quarterly dividend of 19 cents per share payable on March 26, 2025, to shareholders of record at the close of business on March 11, 2025. ABOUT NORDSTROM At Nordstrom, Inc. (NYSE: JWN), we exist to help our customers feel good and look their best.
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Nordstrom (JWN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Nordstrom (JWN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Is Nordstrom (JWN) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Nordstrom to Report Fourth Quarter 2024 Financial Results on March 4
SEATTLE , Feb. 11, 2025 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced that it will report its fourth quarter 2024 financial results after the close of the financial markets on Tuesday, March 4, 2025. Given the pending acquisition by members of the Nordstrom family and El Puerto de Liverpool, S.A.B.
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JWN Expands Footprint With New Nordstrom Rack Stores in Colorado
Nordstrom plans to open a Rack store in Longmont, CO, in fall 2025, keeping its store expansion efforts on track.
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Nordstrom Rack to Open New Location in Longmont, CO
SEATTLE , Feb. 7, 2025 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Longmont, CO in fall 2025. "We look forward to being a part of the Longmont community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack.
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Nordstrom Gains 34.3% in a Year: Should You Buy or Avoid the Stock?
JWN focuses on growth at the Nordstrom Rack banner. Digital efforts are also underway.
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Finally! Shake Shack Is Expanding Into These 10 Areas
As one of the most popular burger chains in America, not named McDonald’s, Shake Shack has its sights set on expansion in a big way. In January 2025, the company announced its plans to operate “at least” 1,500 restaurants in the long term, a whopping 356% increase in the number of restaurants it has today. Key Points Shake Shack is already a fast-food favorite, even though it only has 329 locations. You can’t visit a Shake Shack location without trying out one of its famous milkshakes. Whether you try the regular or curly fries, you’re in for a treat. 4 million Americans are set to retire this year. If you want to join them, click here now to see if you’re behind, or ahead. It only takes a minute. (Sponsor) This means there will be a massive expansion for this beloved chain with its excellent french fries, burgers, and milkshakes. At the end of 2024, Shake Shack only had 329 restaurants as part of its US footprint, so there is no question it’s setting its sights on becoming a formidable force for fast food in various markets around the country. 15. Why People Love Shake Shack Shake Shack has won over its fans time and time again. The biggest question anyone should be asking is why Shake Shack is so beloved that it plans to open over 1,500 new locations in the near future successfully. First and foremost, the chain is known for its high-quality, gourmet-style burgers that use 100% Angus beef. Coupled with outstanding milkshakes and french fries, there’s something that feels tastier and more upscale than McDonald’s. 14. Specific Things To Enjoy At Shake Shack The most important thing to try is the company’s secret sauce. First and foremost, you can’t stop at Shake Shack without trying out the brand’s “Shacksauce” secret sauce. Described as being “creamy and tangy,” this is something fans of this restaurant love more than anything else. The same can be said for its crinkle-cut fries, which saw fans revolt online the last time the restaurant tried to take them off the menu. 13. Is Shake Shack Overrated? Any questions about Shake Shack being overrated should be shut down. With all this conversation around new store openings, the question becomes whether Shake Shack is overrated. Some people may find the hype too much, so it’s easy to be let down. However, the reality is that most online reviews point out little things, such as the burgers being smaller than anticipated. Still, the overall verdict always points to the milkshakes and fries making any trip worthwhile. 12. The Best Milkshakes Going to Shake Shack and not getting a milkshake is wrong. You can point to many reasons to visit a Shake Shack, but none is more important than stopping by to grab a Brownie Batter Hot Cocoa shake, a personal favorite. Of course, you have standards like chocolate, vanilla, and strawberry, but you haven’t lived until you have tried the Thai Iced Tea Shake or the Cherry Blossom Shake. 11. Six-Point Plan The company CEO has a six-point plan to grow the brand. As part of the company’s efforts to open up new stores in 2025 and beyond, Shake Shack has introduced a six-point strategy, according to CEO Rob Lynch. This includes 1) Bolstering its leadership, 2) Optimizing restaurant operations, 3) Driving comp sales by boosting the frequency of returning guests, 4) Building and operating Shake Shack with “best-in-class returns,” 5) Accelerating its licensed business, 6) Investing in long-term strategic capabilities. 10. Sterling, Virginia Get ready Sterling, Virginia as a new location is coming soon. Anticipated opening date: February/March 2025 The newest Shake Shack location arriving in the US will occupy a 3,000-square-foot space previously occupied by a McDonald’s. Located at 21000 Southbank St., the area will open as part of the Cascades Marketplace shopping center. 9. Short Pump, Virginia Anticipated opening date: 2025 Short Pump, Virginia, should be excited for its newest location. Scheduled to arrive as part of a mixed-use development including 100 condominiums, the newest Shake Shack in the Richmond area will be ready sometime in 2025. This marks the third location in Richmond as the company looks to dominate up and down the East Coast. 8. Cincinnati, Ohio University students will soon have one more fast food option available. Anticipated opening date: Late 2025 Opening toward the end of 2025 near the University of Cincinnati at 259 Calhoun Street, the newest Shake Shake is ready to cater to university students galore. Centrally located near University Square, there is every reason to believe this location will be a bona fide hit. 7. Charlotte, North Carolina Charlotte is ready for its next Shake Shack location to arrive. Anticipated opening date: Late 2025 Charlotte, North Carolina residents better prepare as a new Shake Shack is coming to the Charlotte Premium Outlets near the Saks Off 5th Avenue entrance. This is the perfect combination of shopping and milkshakes for residents of the area. 6. Mount Kisco, New York Get ready, Mount Kisco. Your next Shake Shack is almost here. Anticipated opening date: Summer 2025 Arriving in Mount Kisco, New York, in 2025, this new Shake Shack is set to open at 176 N. Bedford Road. The space, formerly occupied by Dunkin’ Donuts, will be the company’s first in Westchester, New York. 5. Long Island, New York Long Island will soon be home to the first Shake Shack drive-through. Anticipated opening date: Late 2025 Get ready, Long Island, New York, as a new Shake Shack is coming in 2025, and this time, it’s arriving with a drive-through. Shake Shack had to receive special permits to open up this location at the corner of Blue Point and Middle Country roads. 4. Holbrook, New York Crumbl cookies and Shake Shack are the perfect combination of dining. Anticipated opening date: Late 2025 A new Shake Shack is coming along with the opening of a new shopping center on Sunrise Highway in The Shops at SunVet in Holbrook. The chain is set to be located near Crumbl Cookies, Whole Foods, Nordstrom Rack, Sephora, and other popular shopping destinations. 3. Atlanta, Georgia Sorry, Wahlburgers, a new Atlanta burger spot, is ready to take over. Anticipated opening date: 2025 Shake Shack is surprisingly replacing an outgoing Wahlburgers location at Heritage Court and Battery Ave. Along with eight other Shake Shack locations in the Atlanta area, this location will be the first restaurant among any of the company’s locations in the US to have a bar. 2. Naples, Florida This Naples location will be Florida’s 21st Shake Shack. Anticipated opening date: TBD (sometime in 2025) A new Shake Shack at 9105 Strada Place will become the 21st Florida location. While the company’s efforts have been concentrated in the tri-county and Orlando areas, this marks the chain’s first attempt to dominate the west coast of Florida. 1. Elk Grove, California Another Shake Shack is getting ready to battle In-And-Out in California. Anticipated opening date: End of 2025, early 2026 The fourth Shake Shack location is a highly anticipated option that will arrive before the end of the year at the intersection of Big Horn Blvd and Wymark Drive. While the shopping center is still under construction, the hope is that it will take less than a year for this new Elk Grove, California, location to open. The post Finally! Shake Shack Is Expanding Into These 10 Areas appeared first on 24/7 Wall St..
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Nordstrom (JWN) Upgraded to Strong Buy: Here's What You Should Know
Nordstrom (JWN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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Best Value Stocks to Buy for February 5th
GIII, JWN and EBMT made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 5, 2025.
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Why Nordstrom (JWN) is Poised to Beat Earnings Estimates Again
Nordstrom (JWN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Nordstrom Rack to Open New Location in Lake Grove, NY
SEATTLE , Jan. 30, 2025 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Lake Grove, NY in fall 2025. "We look forward to being a part of the Lake Grove community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack.
prnewswire.com
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Is JWN Stock a Buy, Hold or Sell Post Holiday Sales Results?
Nordstrom's strong holiday sales and strategic growth initiatives at Nordstrom Rack and in digital position it for continued success and long-term growth.
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Nordstrom on Track With Expansion Plans, To Open Rack Store in Estero
JWN intends to open a Nordstrom Rack in Estero, FL, in fall of this year. Its store-expansion efforts are on track.
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Johnson Fistel Investigates Proposed Sale of Nordstrom: Is $24.25 a Fair Price?
SAN DIEGO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Nordstrom, Inc. (NYSE: JWN) breached their fiduciary duties in connection with the proposed sale of the Company to Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the “Nordstrom Family”) and El Puerto de Liverpool, S.A.B. de C.V.
globenewswire.com
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NORDSTROM ROLLS OUT NUNA AT THE CORNER
Discover the world of Nuna at Nordstrom NYC with exclusive access to experts and products NEW YORK , Jan. 16, 2025 /PRNewswire/ -- Nordstrom invites customers to celebrate their growing families and the love, joy and special moments of this time in their lives with the launch of Nuna at The Corner, a limited-time pop-up shop offering market-leading service and Nuna's beautifully designed, timeless pieces. The pop-up will also feature the product line-up of impact-tested pet car seats from Tavo Pets.
prnewswire.com
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Despite Fast-paced Momentum, Nordstrom (JWN) Is Still a Bargain Stock
Nordstrom (JWN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
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Nordstrom Rack to Open New Location in Estero, FL
SEATTLE , Jan. 15, 2025 /PRNewswire/ -- Seattle-based fashion retailer Nordstrom, Inc. (NYSE: JWN) announced plans to open a new Nordstrom Rack in Estero, Florida in fall 2025. "We look forward to being a part of the Estero community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack.
prnewswire.com
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Nordstrom Raises FY24 Revenue Outlook Amid Strong Holiday Season
JWN raises its fiscal 2024 revenue outlook, forecasting 1.5-2.5% growth and improved comparable sales, after stronger-than-expected holiday sales.
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Nordstrom Balances Strong Holiday Sales And Competition, Analysts Highlight Margin Pressure
Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating on Nordstrom Inc JWN with a price target of $24.00.
benzinga.com
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Nordstrom raises sales outlook after holiday season was better than feared
Nordstrom raised its full-year sales outlook after holiday spending came in better than expected at its website and stores. Yet the department store operator stuck by its profit outlook.
cnbc.com
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Nordstrom Reports Holiday Sales, Updates Outlook
SEATTLE , Jan. 10, 2025 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today announced a total Company net sales increase of 4.9 percent and a comparable sales increase of 5.8 percent for the nine-week holiday period ended January 4, 2025, compared with the nine weeks ended December 30, 2023. For the Nordstrom banner, net sales increased 3.7 percent and comparable sales increased 6.5 percent, while Nordstrom Rack banner net sales increased 7.4 percent and comparable sales increased 4.3 percent.
prnewswire.com
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Here's Why Nordstrom (JWN) is a Great Momentum Stock to Buy
Does Nordstrom (JWN) have what it takes to be a top stock pick for momentum investors? Let's find out.
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Nordstrom (JWN) Is Attractively Priced Despite Fast-paced Momentum
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Nordstrom (JWN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
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Here's Why Nordstrom Might be Undervalued Retail Play of the Year
JWN is well-positioned to continue its upward trajectory with a focus on expansion and digital transformation despite facing some macroeconomic headwinds.
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The Nordstrom Tale
In this podcast, Motley Fool analyst Jim Gillies and host Ricky Mulvey discuss:
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Nordstrom to be taken private in $6.25 billion deal from founding family and Mexican retail group
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal with the industry being squeezed by discount chains and other competition.
fastcompany.com
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Nordstrom (JWN) Up 7% Since Last Earnings Report: Can It Continue?
Nordstrom (JWN) reported earnings 30 days ago. What's next for the stock?
zacks.com
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Nordstrom Family Regains Control Of Namesake Company With Help From Mexican Retail Giant Liverpool
The Nordstrom family has long wished to wrestle back control of the retail company founded by patriarch John W. Nordstrom in 1901.
forbes.com
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Nordstrom Inks a Deal Worth $6.25 Billion in Cash to go Private
JWN looks to go private as it will be acquired by the Nordstrom family and Liverpool.
zacks.com
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Nordstrom Founding Family Takes Retailer Private in $6 Billion Deal
The Nordstrom family now owns the department store chain bearing their name. Erik, Pete and Jamie Nordstrom and other members of their family, along with Mexican retailer Puerto de Liverpool, announced a deal Monday (Dec. 26) to acquire all of Nordstrom's outstanding common stock.
pymnts.com
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Nordstrom going private in $6.25B deal with family members and Mexican retailer
Seattle-based Nordstrom has agreed to be acquired and taken private by members of the longtime retail family and El Puerto de Liverpool, a Mexican retailer, in an all-cash-deal valued at $6.
geekwire.com
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Nordstrom To Be Taken Private by Founding Family in $6.25B Deal
Nordstrom (JWN) will soon be off the stock market, after agreeing to be taken private by its founding family and Mexican retailer El Puerto de Liverpool in a deal valuing the department store chain at about $6.25 billion.
investopedia.com
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Nordstrom family to take high-end retail chain private in $4B deal: ‘Exciting new chapter ‘
Nordstrom will become a private company as a result of the deal, which was unanimously approved by the board of directors.
nypost.com
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Nordstrom going private in $6.25B deal with founding family, Mexican retailer
The family that founded Nordstrom and El Puerto de Liverpool are buying Nordstrom, paving the way for the retailer to return to operating as a privately held company.
foxbusiness.com
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Why the Nordstrom Family Is Taking the Chain Private
Telsey Advisory Group CEO and Chief Research Officer Dana Telsey reacts to the Nordstrom family joining forces with a Mexican retailer to take its namesake department store private in an all-cash transaction valued at about $6.25 billion, including debt. Sign up for the Wealth newsletter, a guide to your money, delivered weekly: https://bloom.bg/3R5A4Ue -------- More on Bloomberg Television and Markets Like this video?
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Nordstrom family to take retailer private in $6.25B deal
Nordstrom, Inc. (NYSE:JWN) has announced that it will be acquired by the retail chain's founding family and El Puerto de Liverpool in an all-cash transaction valued at approximately $6.25 billion, including debt. Under the agreement, Nordstrom's shareholders will receive $24.25 per share, representing a 42% premium over the company's share price on March 18, 2024, before speculation emerged surrounding a potential deal.
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JWN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Nordstrom, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Nordstrom, Inc. (NYSE: JWN) to Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the “Nordstrom Family”) and El Puerto de Liverpool, S.A.B. de C.V. for $24.25 in cash per share is fair to Nordstrom shareholders. Halper Sadeh encourages Nordstrom shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Za.
businesswire.com
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Shareholder Alert: Ademi LLP investigates whether Nordstrom, Inc. is obtaining a Fair Price for its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Nordstrom (NYSE: JWN) for possible breaches of fiduciary duty and other violations of law in its transaction with the Nordstrom Family and Liverpool. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common.
businesswire.com
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Nordstrom to go private after doing the math on facing bigger rivals
Retailer has been publicly traded since 1971 but said it sees better growth prospects ahead as a private business.
marketwatch.com
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Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
Nordstrom will become a private company after it agreed to a buyout deal valued at $6.25 billion from Nordstrom's founding family and Mexican retailer El Puerto de Liverpool. Common shareholders will receive $24.25 in cash for each share of Nordstrom common stock they hold, according to a press release.
cnbc.com
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Nordstrom Announces It Will Go Private As Namesake Family Retakes Control Of $6.25 Billion Retailer
The Seattle-based department store chain Nordstrom announced Monday it agreed to a transaction which will give the Nordstrom family a controlling stake in the retailer, which will go private after a 53-year stint as a public company as the fourth generation of Nordstroms retake control.
forbes.com
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Nordstrom to Be Taken Private by the Nordstrom Family. The Stock Falls.
The high-end fashion retailer is going private.
barrons.com
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Nordstrom agrees to $6.25 bln buyout deal from founding family
Nordstrom said on Monday it would be acquired by its founding family and Mexican retailer El Puerto de Liverpool in an all-cash deal valuing the department store chain at about $6.25 billion.
reuters.com
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Nordstrom to Be Acquired by Nordstrom Family and Liverpool
Nordstrom Shareholders to Receive $24.25 Per Share in Cash Transaction Represents a Premium of Approximately 42% Since March 18, 2024 Board Also Intends to Pay Special Dividend of Up to $0.25 Per Share in Cash Contingent on Closing SEATTLE , Dec. 23, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today announced it has signed a definitive agreement under which Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the "Nordstrom Family") and El Puerto de Liverpool, S.A.B. de C.V. ("Liverpool") (BMV: LIVEPOL) will acquire all of the outstanding common shares of Nordstrom not already beneficially owned by the Nordstrom Family and Liverpool in an all-cash transaction valued at approximately $6.25 billion on an enterprise basis.
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