Docoh
Loading...

JWN Nordstrom

Nordstrom, Inc. is a leading fashion retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 358 stores in the U.S. and Canada, including 100 Nordstrom stores; 249 Nordstrom Rack stores; two clearance stores; and seven Nordstrom Local service hubs. Additionally, customers are served online through Nordstrom.com, Nordstrom.ca, Nordstromrack.com, HauteLook.com and TrunkClub.com.

Company profile

Ticker
JWN
Exchange
CEO
Erik Nordstrom
Employees
Incorporated
Location
Fiscal year end
Former names
NORDSTROM BEST INC
SEC CIK
IRS number
910515058

JWN stock data

(
)

Calendar

4 Jun 21
4 Aug 21
29 Jan 22
Quarter (USD)
May 21 Jan 21 Oct 20 Jul 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Jan 21 Jan 20 Feb 19 Feb 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Nordstrom earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 377M 377M 377M 377M 377M 377M
Cash burn (monthly) 101.33M 81.5M (positive/no burn) (positive/no burn) 121.33M (positive/no burn)
Cash used (since last report) 317.82M 255.61M n/a n/a 380.55M n/a
Cash remaining 59.18M 121.39M n/a n/a -3.55M n/a
Runway (months of cash) 0.6 1.5 n/a n/a -0.0 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
21 Jun 21 Shellye L Archambeau Common Stock Grant Aquire A Yes No 33.54 3,851 129.16K 17,265
21 Jun 21 Shellye L Archambeau Stock Units Common Stock Other Dispose J No No 33.54 3,851 129.16K 11,943.903
10 Jun 21 Maher Michael W Common Stock Payment of exercise Dispose F No No 34.33 117 4.02K 35,032
27 May 21 Shellye L Archambeau Common Stock Grant Aquire A Yes No 34.3 4,373 149.99K 13,414
27 May 21 Brown-philpot Stacy Stock Units Common Stock Grant Aquire A No No 34.3 4,373 149.99K 22,902.58
27 May 21 James Donald Common Stock Grant Aquire A Yes No 34.3 4,373 149.99K 13,414

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

53.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 391 383 +2.1%
Opened positions 81 95 -14.7%
Closed positions 73 63 +15.9%
Increased positions 85 79 +7.6%
Reduced positions 135 145 -6.9%
13F shares
Current Prev Q Change
Total value 3.25B 3.01B +8.1%
Total shares 84.36M 94.8M -11.0%
Total puts 6M 8.94M -32.9%
Total calls 10.51M 12.81M -17.9%
Total put/call ratio 0.6 0.7 -18.2%
Largest owners
Shares Value Change
BLK Blackrock 11.88M $449.98M +14.2%
FMR 10.58M $400.85M -22.5%
Vanguard 9.83M $372.13M +1.7%
STT State Street 3.42M $129.44M -17.8%
TROW T. Rowe Price 2.79M $105.73M -13.3%
Tremblant Capital 2.35M $88.89M NEW
BK Bank Of New York Mellon 2.14M $81.09M -1.6%
Two Sigma Investments 1.73M $65.33M +415.4%
Citadel Advisors 1.54M $58.39M +129.2%
Douglas Lane & Associates 1.45M $55.1M -8.2%
Largest transactions
Shares Bought/sold Change
FMR 10.58M -3.07M -22.5%
JPM JPMorgan Chase & Co. 271.1K -2.77M -91.1%
Tremblant Capital 2.35M +2.35M NEW
WDR Waddell & Reed Financial 0 -1.61M EXIT
BLK Blackrock 11.88M +1.48M +14.2%
Candlestick Capital Management 0 -1.4M EXIT
Two Sigma Investments 1.73M +1.39M +415.4%
Norges Bank 0 -1.33M EXIT
GS Goldman Sachs 1.29M -1.28M -49.7%
Susquehanna International 1.01M -1.17M -53.6%

Financial report summary

?
Competition
Neiman MarcusBuckle
Risks
  • If we are unable to successfully execute our customer strategy or evolve our business model, it could negatively impact our business and future profitability and growth.
  • Our business could suffer if we do not appropriately assess and react to competitive market forces and changes in customer behavior.
  • Our customer relationships and sales has been and may be negatively impacted if we do not anticipate and respond to consumer preferences and fashion trends or manage inventory levels appropriately.
  • Improvements to our fulfillment, inventory, buying, vendor payment and accounting processes and systems could adversely affect our business if not successfully executed.
  • If we do not effectively design and implement our strategic and business planning processes to attract, retain, train and develop talent and future leaders, our business may suffer.
  • Our program agreement with TD, or changes to that agreement, could adversely impact our business.
  • Even if we take appropriate measures to use or safeguard our information, network and environment from security breaches, our customers, employees and business could still be exposed to risk.
  • Our business may be impacted by information technology system failures or network disruptions.
  • Our customer, employee, vendor, third-party partner, landlord and other stakeholder relationships could be negatively affected if we fail to maintain our corporate culture and reputation.
  • Our business depends on third parties for the production, supply or delivery of goods, and a disruption could result in lost sales or increased costs.
  • Distribution and marketing of, and access to, our products depends on a variety of third-party publishers and platforms. If these third parties limit, prohibit or otherwise interfere with or change the terms of the distribution, use or marketing of our products, it could adversely affect our results of operations.
  • The concentration of stock ownership in a small number of our shareholders may limit a shareholder’s ability to influence corporate matters and impact the price of our shares.
  • If we fail to appropriately manage our capital, we may negatively impact our operations and shareholder return.
  • Owning and leasing real estate exposes us to possible liabilities and losses.
  • The investment in existing and new locations may not achieve our expected returns.
  • Our revenues and operating results are affected by the seasonal nature of our business and cyclical trends in consumer spending.
  • A downturn in economic conditions, currency fluctuations, inflation, increased unemployment and bankruptcy rates and other external market factors has had and could have a significant adverse effect on our business and stock price.
  • Our stores located in shopping centers and malls have been and may be adversely affected by declines in consumer traffic at shopping centers and malls.
  • The results from our credit card operations could be adversely affected by changes in market conditions or laws.
  • Our business and operations could be materially and adversely affected by severe weather patterns, climate change, natural disasters, widespread pandemics, epidemics, civil unrest and other natural or man-made economic, political or environmental disruptions.
  • We are subject to certain laws, litigation, regulatory matters and ethical standards, and compliance or our failure to comply with or adequately address developments as they arise could adversely affect our reputation and operations.
  • Changes to accounting rules and regulations could affect our financial results or financial condition.
Management Discussion
  • Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
  • Looking back at 2020, we took aggressive actions as we navigated through the pandemic to increase our financial flexibility and accelerate our strategic initiatives to better serve customers. As shifts in customer expectations and behavior accelerated, our multi-year investments and strong financial position enabled our transformation into a digital-first business.
  • For the year, net loss was $690, or $4.39 per diluted share. Generating more than $425 in operating cash flow over the past three quarters, we ended the year with $1,481 in liquidity, including $681 in cash.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Good
New words: acquire, Additionally, Anne, bond, Bramman, breakeven, broaden, Canadian, Chief, choice, coincide, considerable, count, December, differentiated, discount, dropship, encouraging, Erik, extraordinary, fell, freight, guidance, hand, holiday, hybrid, inbound, inflation, insecurity, instance, intention, investor, laid, larger, leading, lifted, marked, metric, million, mobile, noncurrent, outperformed, par, partnership, penetration, powerful, preceding, progressing, publisher, rebounded, redeemed, redemption, refinance, repositioning, retired, retirement, row, simplifying, slower, solid, spite, sum, Supplementary, transformation, twelve, unamortized, unencumbered, unlock, variety, website, win
Removed: accelerate, accelerated, accurate, annually, approach, carry, center, compare, comprised, continuing, curbside, declared, deduction, defer, deferral, discrete, distancing, drawdown, driver, eliminate, emerge, employer, enabled, excluding, exclusion, extent, FLS, governmental, guaranteed, health, impaired, implemented, inclusion, Jeffrey, June, legal, limit, nondeductible, NRHL, occur, open, organization, payroll, performing, permitted, pertaining, positive, post, prepay, preserve, previously, primary, prioritized, processing, public, qualitative, quantitative, ready, recording, reduction, reopened, requiring, retention, safety, simply, situation, social, spend, spread, summarizing, Suspended, suspending, taxable, temporary, unfold, unprecedented, urban, utilized, world