Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I started shorting this at $59 early Dec and have loved every minute of it. Might cover in high $30's.
This stock will tank bigly, As a businessman i used to shop at Nordstroms 3 times a year buying suits and shoes, not anymore.
It is best for a co to stay out of politics, this way they do not alienate around 50% of the population.
It's about the timing and something called public relations. How is Target doing with their strong vocal support of transgender's choosing their bathroom? Well, sales down 4% while Walmart had a 1% gain. And TGT stock down over 30% since the announcement. And another 6% since this article below came out.
http://www.breitbart.com/big-government/2017/02/28/target-down-30-percent-since-transgender-boycott-began/
http://stockcharts.com/h-sc/ui?s=TGT&p=D&yr=1&mn=0&dy=0&id=p52606136958
Granted JWN has done OK since the announcement, but wait til sales and earnings come out later this year.
If I was Nordstrom's, how would I of handled it? I would have canceled the line before the Republican primary and put the sales figures out then to show that it was not a political decision. But to wait til Trump's inauguration made it look very political.
Ivanka s line selling selling like crazy! looool
http://thehill.com/blogs/in-the-know/in-the-know/322818-ivanka-trump-clothing-line-reports-record-sales
MK
Dumbest decision Nordstroms ever made dropping Ivanka's line. Target sales have not yet recovered from going politically correct about the transgender bathroom BS. And, Nordstrom's has more upscale customers than Target who tend to favor conservative politics that Target customers.
I know a lot of people that make serious coin just took Nordstrom off their list. Companies should never get political. It alienates half the customer base. Stupidity at its best.
Sold Friday, I'll hope back in after pullback
I said it before, I say it again, $60 by thanksgiving. Happy holidays to all.
Fundamentals point to JWN being 15% overvalued prior to earnings:
Analysis
HEADED RIGHT BACK TO -$38
Nordstrom customers not focused on coupons and sales like Macys customers.
JWN will thrive in the fall leading up to holiday season. People with money will not switch to Dollar Tree, etc.
Target upgrade:
"We also think that guidance is likely conservative. As a result, we are going to up our target from $57 to $62, while keeping our "Buy" rating. "
http://money.msn.com/top-stocks/post.aspx?post=7e0dbc8a-b496-486c-9ca0-796279332f10
Nordstrom in my area is also the only Nordstrom to offer Creed perfumes. I would like to see Creed expand more into the Nordstrom base.
Nice to see we crossed $56 today. I'm often in Nordstrom and Nordstrom rack and the stores are always crowded. I feel good!
how much will the stock buy back program help?? what levels can we see?
~ Thursday! $JWN ~ Earnings posted, pending or coming soon! In Charts and Links Below!
~ $JWN ~ Earnings expected on Thursday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=JWN&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=JWN&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=JWN
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=JWN#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=JWN+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=JWN
Finviz: http://finviz.com/quote.ashx?t=JWN
~ BusyStock: http://busystock.com/i.php?s=JWN&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=JWN >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Just wondering what is holding this stock back from going up 5-10%? I guess just wait and see.
_________________________________________________________________
NORDSTROM (JWN) POSTS Q3. REVISES OUTLOOK. CARIS LOWERS ESTIMATES
Font size: A | A | A
undefined undefined | S&P Marketscope
SNPMarketScopeViewsNews2011-11-11 09:10:11.000JWNNORDSTROM INC.STACY TROMBINONORDSTROM (JWN) POSTS Q3. REVISES OUTLOOK. CARIS LOWERS ESTIMATESAnalyst Dorothy Lakner tells salesforce $0.59 Q3 EPS was in line with Street, but below her $0.62 est mainly due to higher retail expenses. Also, notes mgmt narrowed FY 12 (Jan) guidance to $3.05-$3.10 from $2.95-$3.10, which is still below consensus. Says Q4 comp compares are tougher. Lowers $1.14 Q4 EPS to $1.11, $3.20 FY 12 to $3.15. That said, believes JWN continues to benefit from strong spending by affluent customers. Believes as JWN continues to expand in comings years, shares should more fully reflect its growth potential. Reiterates buy, $58 target. S.Trombino|US;JWN|20820|US|175284
Nordstrom, Inc. (NYSE:JWN) today reported a 5.4 percent increase in same-store sales for the four-week period ended October 29, 2011 compared with the four-week period ended October 30, 2010. Preliminary total retail sales of $749 million for October 2011 increased 13.3 percent compared with total retail sales of $662 million for the same period in fiscal 2010.
Third quarter same-store sales increased 7.9 percent compared with the same period in fiscal 2010. Preliminary third quarter total retail sales of $2.38 billion increased 14.2 percent compared with total retail sales of $2.09 billion for the same period in fiscal 2010.
Year-to-date same-store sales increased 7.2 percent compared with the same period in fiscal 2010. Preliminary year-to-date total retail sales of $7.33 billion increased 12.8 percent compared with total retail sales of $6.49 billion for the same period in fiscal 2010.
http://ih.advfn.com/p.php?pid=nmona&article=49792287&symbol=JWN
Critical Alerts For Potash Corp. of Saskatchewan, Sina, General Mills, Nordstrom, and United Therapeutics
Today : Wednesday 12 October 2011
Seven Summits Research issues critical PriceWatch Alerts for POT, SINA, GIS, JWN, and UTHR.
To see what our analysts have discovered about these stocks read the Seven Summits Strategic Investments' PriceWatch Alerts at http://www.iotogo.com/s/101211B (Note: You may have to copy this link into your browser then press the [ENTER] key.)
Nordstrom to Host Bra Fit Events October 20-21
Today : Tuesday 11 October 2011
Eight out of ten women wear the wrong bra size. Nordstrom wants to change that statistic. Beginning Thursday, October 20 through Saturday, October 22, customers are invited to meet with a certified fit expert at Nordstrom for a complimentary fitting and see what a difference the right bra can make in helping them look and feel great. For every bra purchased at the event, Nordstrom and participating brands will donate $2.00 to Susan G. Komen for the Cure® to help support their efforts to imagine a world without breast cancer, as well as lifesaving outreach programs for women.
Whether customers are looking for lingerie that is seductive, romantic, flirty, or a little of everything, the lingerie department offers up-to-date fashion to fit their style from brands such as Amoena, Betsey Johnson Intimates, Calvin Klein Underwear, Chantelle, DKNY, Donna Karan Intimates, Elle Macpherson Intimates, Elomi, Fantasie, Felina, Freya, Le Mystere, Natori, Spanx and Wacoal.
Research indicates that most women wear the wrong bra size, and the fit experts at Nordstrom will ensure that each customer is wearing the right size, ranging from band sizes 30-46 and cup sizes AA-K. Each fit expert completes a certification program that includes being trained on nine different fit categories, enabling them to provide women with the best options for their body types.
"A great fitting bra can dramatically enhance your silhouette and make you feel more beautiful and confident," said Lauren Harp, Nordstrom National Fit Stylist. "Grab a friend and let our one of our certified fit experts find you the perfect bra to compliment your perfect shape."
Nordstrom also serves the needs of women following a mastectomy, lumpectomy or other reconstructive surgery. Certified prosthesis fitters can assist with mastectomy bras, breast forms, equalizers and complimentary pocketing for any bra. Nordstrom can also assist with Medicare claim filing and is a participating provider for select insurance companies.
For more details or to schedule an appointment, please call your nearest Nordstrom store or visit nordstrom.com/fitsamerica.
In 2011, Nordstrom is proud to make a combined minimum contribution of $200,000 to Susan G. Komen for the Cure® for Nordstrom Fits America events and select local Susan G. Komen Race for the Cure® sponsorships.
About Susan G. Komen for the Cure®
Nancy G. Brinker promised her dying sister, Susan G. Komen, she would do everything in her power to end breast cancer forever. In 1982, that promise became Susan G. Komen for the Cure and launched the global breast cancer movement. Today, Komen for the Cure is the world's largest grassroots network of breast cancer survivors and activists fighting to save lives, empower people, ensure quality care for all and energize science to find the cures. Thanks to events like the Komen Race for the Cure®, we have invested more than $1.9 billion to fulfill our promise, becoming the largest source of nonprofit funds dedicated to the fight against breast cancer in the world. For more information, visit www.komen.org or call 1-877 GO KOMEN.
About Nordstrom, Inc.
Nordstrom, Inc. is one of the nation's leading fashion specialty retailers. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 223 stores in 30 states, including 117 full-line stores, 102 Nordstrom Racks, two Jeffrey boutiques, one treasure&bond store and one clearance store. Nordstrom also serves customers through Nordstrom.com and through its catalogs. Additionally, the Company operates in the online private sale marketplace through its subsidiary HauteLook. Nordstrom, Inc.'s common stock is publicly traded on the NYSE under the symbol JWN.
(Logo: http://photos.prnewswire.com/prnh/20001011/NORDLOGO)
CONTACT: John BaileyNordstrom, Inc.(206) 303-3018
SOURCE Nordstrom, Inc.
Nordstrom, Inc. announced that it has opened the doors to its newest store in St. Louis on September 23, 2011 at Saint Louis Galleria. The second Nordstrom store in the St. Louis market is 144,000 square feet and will offer a selection of fashion brands for women, men and children.
Nordstrom’s Lowest-Yield Debt Show Recession Resistance
http://www.bloomberg.com/news/2011-10-07/nordstrom-s-lowest-yield-debt-show-recession-resistance-corporate-finance.html?cmpid=msnmoney
Target (TGT) is still a bigger online retailer than Nordstrom (JWT), according to Internet Retailer, but maybe not for long, because Nordstrom is now number 34 and moving up fast, while Target is number 22 but falling.
http://seekingalpha.com/article/298413-target-falling-nordstrom-rising-online?source=msn
In 1887, John W. Nordstrom, at 16 years of age, left Sweden for the United States. He arrived in New York with $5 in his pocket, unable to speak a word of English.
The young immigrant labored in mines and logging camps as he crossed the United States to California and Washington. In 1897, he headed north to Alaska and the Klondike in search of gold. Two years later he returned to Seattle with a $13,000 stake, ready to settle down.
Carl F. Wallin, a Seattle shoemaker Nordstrom had met in Alaska, offered him a partnership in a shoe store. In 1901, they opened their first store, Wallin & Nordstrom, on Fourth and Pike street in Seattle. John W. believed success would come only by offering customers the very best service, selection, quality and value. By remaining committed to that philosophy, the business grew and in 1923 the partners added a second store in Seattle’s University District.
When John W. Nordstrom retired in 1928, he sold his share of the company to his sons, Everett and Elmer. Carl Wallin retired soon thereafter, and in 1929 he also sold his interest to the Nordstrom sons. A third son, Lloyd, joined the team in 1933.
In the years that followed, Everett, Elmer and Lloyd Nordstrom built the company into the largest independent shoe chain in the nation. The company grew to include eight Nordstrom shoe stores in Washington and Oregon, and thirteen leased shoe departments in Washington, Oregon and California. The downtown Seattle store became the largest shoe store in the country.
By the early 1960s, the company began looking at possible expansion opportunities. On August 6, 1963, Nordstrom announced the purchase of Best Apparel, a Seattle-based clothing store with an outlet in Seattle and another at Lloyd Center in Portland, Ore.
Elmer, Everett and Lloyd immediately began modernizing Best Apparel and ran it along with the established Nordstrom shoe stores. In 1965, they opened a new Best Apparel location adjacent to their shoe store at Northgate Mall in Seattle.
The following January, the company purchased a Portland fashion retailer, Nicholas Ungar. They merged this store with the existing shoe store in downtown Portland. For the first time, customers were greeted with a new name -- Nordstrom Best. In August 1966, a new Nordstrom Best opened in Tacoma, Wash., followed by the opening of a newly remodeled Nordstrom Best in Bellevue, Wash., in November of 1967.
In 1968, Everett, the eldest brother, turned 65 years old. The brothers had all previously agreed to retire when each reached that age. Control of the company was turned over to the family’s third generation, resulting in a leadership team consisting of Everett’s son Bruce, Elmer’s sons James and John, Lloyd’s son-in-law, Jack McMillan, and family friend Bob Bender.
The third generation continued to run the company with the same philosophy their grandfather and fathers had used before them. In August of 1971, Nordstrom went public, offering Nordstrom Best stock. Nordstrom was recognized in 1973 as the West Coast’s largest volume fashion specialty store when sales passed $100 million. That same year, the company formally changed its name to Nordstrom, Inc.
The company continued to expand. In 1975, Nordstrom purchased three stores in Alaska from the Northern Commercial Company in Anchorage, Fairbanks and Kenai. Around that same time, the first Nordstrom Rack store opened in Seattle as a clearance center for Full-Line Store merchandise. Today, Nordstrom Rack stores offer clothing, shoes and accessories at 30 to 70 percent off regular retail prices.
In May of 1978, Nordstrom entered the highly competitive California market with the opening of the South Coast Plaza Nordstrom in Orange County. This store laid the groundwork for rapid expansion into other cities throughout California.
Expansion was not limited to the West Coast. In 1988, Nordstrom opened its first East Coast location at Tysons Corner in McLean, Va., and in 1990, the company opened a store in Paramus, N.J. A new Nordstrom opened in 1991 just outside of Chicago at the Shops at Oak Brook Place in Oak Brook, Illinois.
In 1995, the third generation of Nordstrom family members retired as co-chairmen, but retained their positions on the Board of Directors. In May 2006, Bruce Nordstrom retired from his position as chairman of the Board. Today, President Blake Nordstrom and his executive team manage the company. These individuals are Linda Finn, executive vice president, Marketing; Kevin Knight, president, Nordstrom Credit, Inc.; Mike Koppel, chief financial officer; Dan Little, chief administrative officer; Scott Meden, president, Nordstrom Rack; Erik Nordstrom, president of stores; Jamie Nordstrom, president, Nordstrom Direct; Pete Nordstrom, president of merchandising; and Delena Sunday, executive vice president, Human Resources and Diversity Affairs. Enrique Hernandez, Jr. is the non-executive chairman of the Board of Directors.
In 1998, Nordstrom began serving customers through its online presence at www.nordstrom.com, making Nordstrom accessible to customers 24-hours a day.
In 2000, the company acquired Façonnable, S.A.S., a collection of high-quality men's and women's apparel and accessories established in 1960 in Nice, France. The line had been sold exclusively in the U.S. at Nordstrom stores and Nordstrom-operated Façonnable boutiques since 1989, where it became one of the company's top-selling brands. In July 2007, Nordstrom agreed to sell Façonnable to M1 Group, a family-owned investment company based out of Lebanon. As of November 1, 2007, Nordstrom no longer operates Façonnable boutiques in the U.S. or Europe.
In 2005, the company purchased a majority interest in Jeffrey, two luxury specialty stores owned and created by Jeffrey Kalinsky. The two stores are located in Atlanta, Ga., and in the Meatpacking District in New York City. Jeffrey remains president and CEO of Jeffrey and is also the Executive Vice President of Designer Merchandising at Nordstrom.
Nordstrom continues to expand operations across the country. In 2009, the company relocated its Full-line store in Murray, UT and opened new Full-line locations in Cherry Hill, NJ, Peabody, MA, and Cincinnati, OH. The company also opened 13 Nordstrom Racks in 2009. Currently, Nordstrom plans to open eight new Full-Line stores, relocate two Full-Line stores, and open 14 Racks.
Today Nordstrom operates a total of 184 stores located in 28 states, with 112 Full-Line stores, 69 Nordstrom Racks, two Jeffrey boutiques and one clearance store. Nordstrom remains committed to its founding principles of providing customers with the best possible service, selection, quality and value.
Followers
|
8
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
86
|
Created
|
02/09/10
|
Type
|
Free
|
Moderators |
Phone: (206) 628-2111
Business Description
|
|
Investor Relations:
http://phx.corporate-ir.net/phoenix.zhtml?c=93295&p=irol-faq
http://phx.corporate-ir.net/phoenix.zhtml?c=93295&p=irol-fundSnapshot
Google Finance:
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |