Company reports loss of $1.27 per share, adjusted earnings of $0.07 per share 1 Results reflect progress on Company's key priorities of Nordstrom Rack improvement, inventory productivity and supply chain optimization Reaffirms fiscal 2023 revenue and adjusted earnings outlook SEATTLE , May 31, 2023
SEATTLE , April 17, 2023 /PRNewswire/ -- Nordstrom , Inc. (NYSE: JWN) today announced the appointment of Eric Sprunk , former chief operating officer of NIKE, Inc., to its Board of Directors, effective immediately. Sprunk will stand for election at the Company's upcoming 2023 Annual Meeting of
Sales and earnings in line with updated fiscal 2022 outlook Entering fiscal 2023 with healthier inventory position, down 15 percent from last year and comparable to 2019 Company provides fiscal 2023 outlook, including plans to wind down Canadian operations to drive profitable growth and enhance
Third quarter total revenue of $3.5 billion Loss per share of $0.13 and adjusted earnings per share of $0.20 1 Company remains on pace to achieve fiscal 2022 revenue and adjusted earnings outlook SEATTLE , Nov. 22, 2022 /PRNewswire/ -- Nordstrom, Inc.
Total Company sales increase 12 percent Reports EPS of $0.77 and adjusted EPS of $0.81 1 Updating fiscal year outlook to reflect revised plans for second half SEATTLE , Aug. 23, 2022 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported second quarter net earnings of $126 million and earnings
Total Company sales increase 19 percent Both Nordstrom and Nordstrom Rack banners post double-digit sales growth Board of directors authorizes new $500 million share repurchase program SEATTLE , May 24, 2022 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported first quarter net earnings of
-- Sales and earnings in line with fiscal 2021 outlook -- Digital sales growth of 23 percent over fourth quarter of 2019; digital penetration of 44 percent -- Company expects fiscal 2022 EPS of $3.15 to $3.50 SEATTLE , March 1, 2022 /PRNewswire/ -- Nordstrom, Inc.
- Double-digit online sales growth over the third quarter of 2019 along with improving store traffic trends - Nordstrom banner sales return to 2019 levels - Company remains on pace to achieve fiscal 2021 sales, earnings and cash flow outlook SEATTLE , Nov. 23, 2021 /PRNewswire/ -- Nordstrom, Inc.
The digital-first partnership model enables Nordstrom.com to serve more customers with expanded online choices SEATTLE , Nov. 18, 2021 /PRNewswire/ -- Today, Nordstrom and Fanatics, a leading provider of licensed sports merchandise and global digital sports platform, announced a new long-term
Nordstrom acquires a minority interest in Topshop and Topman brands SEATTLE , July 12, 2021 /PRNewswire/ -- Today, Nordstrom (NYSE: JWN) and ASOS announced that Nordstrom has acquired a minority interest in the Topshop , Topman, Miss Selfridge and HIIT brands.
SEATTLE , Jan. 29, 2021 /PRNewswire/ -- Following a year that required more self-reflection, listening and compassion than ever before, Nordstrom is beginning 2021 with a renewed focus on its commitment to community. With a long-held belief in the value of diversity, Nordstrom is working to play an
SEATTLE – Dec. 17, 2020 – As Nordstrom continues to scale its market strategy to better serve customers on their terms, gain market share and increase inventory efficiencies, the leading fashion retailer announced today that Alexis DePree, executive vice president and chief supply chain officer,
Market Strategy rollout continues in top markets with convenience of order pickup in Nordstrom Rack locations and new order fulfillment capabilities SEATTLE , Oct. 15, 2020 /PRNewswire/ -- To continue to provide customers with more convenient services and access to more inventory, Nordstrom
First major retailer to offer a recycling program for all brands of hard-to-recycle beauty packaging, in partnership with global recycling leader, TerraCycle SEATTLE , Oct. 1, 2020 /PRNewswire/ -- BEAUTYCYCLE, the first beauty take-back and recycling program accepting all brands of beauty packaging
Strengthened financial flexibility by reducing inventory by over 25% and on track to achieve 20% reduction in overhead costs SEATTLE , May 28, 2020 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported first quarter results, which reflected the Company's actions to strengthen its financial
The retailer deepens its efforts to minimize its environmental impact by 2025; Nordstrom Rack to phase out single use plastic bags SEATTLE (April 20, 2020) – In these times of uncertainty, Nordstrom recognizes the importance of addressing the challenges of today while also working towards ongoing,
SEATTLE --(BUSINESS WIRE)--Mar. 25, 2020-- Nordstrom, Inc. (NYSE: JWN) today announced it will extend its temporary store closure for at least one week, through April 5 . Due to the uncertainty of COVID-19, the Company will continue to assess the situation market by market and will provide further
Taking further actions to strengthen financial flexibility SEATTLE --(BUSINESS WIRE)--Mar. 23, 2020-- Nordstrom, Inc. (NYSE: JWN) today announced several precautionary measures to strengthen its financial position in response to the rapidly changing market uncertainty from the novel coronavirus
SEATTLE --(BUSINESS WIRE)-- Nordstrom, Inc. (NYSE: JWN) today announced business updates in response to the increased impact from novel coronavirus (COVID-19). “The health and safety of our customers and employees remain our top priority as we continue to make decisions during this rapidly evolving