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 |
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 |