Nordstrom Inc (N:JWN)

Sector:  Consumer Cyclicals Industry:  Department Stores
 
See Regulatory Filings on SEC
Company Contact
Address: 1617 Sixth Avenue
SEATTLE WA 98101-4407
Tel: N/A
Website: https://www.nordstrom.com
IR: See website
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Key People
Peter E. Nordstrom
President, Chief Brand Officer, Director
James F. Nordstrom
Chief Merchandising Officer, Chief Stores Officer
Erik B. Nordstrom
Chief Executive Officer, Director
Cathy R. Smith
Chief Financial Officer, Treasurer
Fanya Chandler
President - Nordstrom Stores
Gemma Lionello
President - Nordstrom Rack
Lisa V. Price
Chief Human Resource Officer
Jason Morris
Chief Technology and Information Officer
Ann Munson Steines
Chief Legal Officer, General Counsel, Company Secretary
Alexis Depree
Chief Supply Chain Officer
   
Business Overview
Nordstrom, Inc. is a fashion retailer that offers private-label merchandise for women, men, young adults, and children, with a focus on apparel, shoes, beauty, accessories and home goods. The Company's Retail segment aggregates two operating segments: Nordstrom and Nordstrom Rack. The Nordstrom segment consists of Nordstrom.com, Nordstrom United States stores and Nordstrom Local. The Nordstrom Rack segment consists of NordstromRack.com, Nordstrom Rack United States stores and last chance clearance stores. Nordstrom Rack purchases merchandise from many of the same vendors carried at Nordstrom and also serves as an outlet for clearance merchandise from the Nordstrom banner. In addition, its existing fleet of Nordstrom and Nordstrom Rack stores enables pickup and returns of online orders and facilitates a broader assortment to its digital customers. The Company also has arrangements with agents and contract manufacturers to produce its private-brand merchandise.
Financial Overview
For the fiscal year ended 03 February 2024, Nordstrom Inc revenues decreased 5% to $14.69B. Net income decreased 45% to $134M. Revenues reflect Net Sales decrease of 6% to $14.22B. Net income also reflects Advertising Expense increase of 1% to $313M (expense). Dividend per share remained flat at $0.76. Basic Earnings per Share excluding Extraordinary Items decreased from $1.53 to $0.83.
Employees: 54,000 as of Feb 3, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $5,323M as of Feb 3, 2024
Annual revenue (TTM): $14,693M as of Feb 3, 2024
EBITDA (TTM): $1,153M as of Feb 3, 2024
Net annual income (TTM): $133.00M as of Feb 3, 2024
Free cash flow (TTM): -$71.00M as of Feb 3, 2024
Net Debt Last Fiscal Year: $2,234M as of Feb 3, 2024
Shares outstanding: 163,258,218 as of Mar 11, 2024
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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