Company profile

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

JWN stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

20 Mar 20
3 Apr 20
1 Feb 21

News

Company financial data Financial data

Quarter (USD) Feb 20 Nov 19 Aug 19 May 19
Revenue 4.54B 3.67B 3.87B 3.44B
Net income 193M 126M 141M 37M
Diluted EPS 1.23 0.81 0.9 0.23
Net profit margin 4.25% 3.43% 3.64% 1.07%
Net change in cash 366M -469M 508M -509M
Cash on hand 853M 487M 956M 448M
Annual (USD) Feb 20 Jan 17 Jan 16 Jan 15
Revenue 15.52B 14.76B 14.44B 13.51B
Net income 496M 354M 600M 720M
Diluted EPS 3.18 2.02 3.15 3.72
Net profit margin 3.20% 2.40% 4.16% 5.33%
Net change in cash -154M 412M -232M
Cash on hand 853M 1.01B 595M 827M

Financial data from Nordstrom earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
12 Mar 20 Steines Ann Munson Common Stock Payment of exercise Dispose F 0 0 0 19,420
10 Mar 20 Mesrobian Edmond Common Stock Payment of exercise Dispose F 27.11 627 17K 111,025
10 Mar 20 Worzel Ken Common Stock Payment of exercise Dispose F 27.11 6,719 182.15K 136,384.99
10 Mar 20 Maher Michael W Common Stock Payment of exercise Dispose F 27.11 1,155 31.31K 32,817
10 Mar 20 Bramman Anne L Common Stock Payment of exercise Dispose F 27.11 5,331 144.52K 120,416
63.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 525 503 +4.4%
Opened positions 98 75 +30.7%
Closed positions 76 63 +20.6%
Increased positions 152 192 -20.8%
Reduced positions 180 152 +18.4%
13F shares
Current Prev Q Change
Total value 44.11B 35.51B +24.2%
Total shares 98.2M 102.39M -4.1%
Total puts 6.33M 7.35M -13.8%
Total calls 4.14M 4.79M -13.6%
Total put/call ratio 1.5 1.5 -0.3%
Largest owners
Shares Value Change
Vanguard 12.03M $492.36M -0.2%
BLK BlackRock 8.24M $337.13M -7.3%
BK Bank Of New York Mellon 6.9M $282.35M +1.5%
STT State Street 6.58M $269.34M -11.4%
JPM JPMorgan Chase & Co. 5.43M $222.19M -17.6%
Schroder Investment Management 2.28M $93.18M -2.8%
N Price T Rowe Associates 2.19M $89.51M -9.4%
Disciplined Growth Investors 1.91M $78.26M +3.0%
IVZ Invesco 1.76M $72.13M +7.4%
Geode Capital Management 1.73M $70.47M +4.1%
Largest transactions
Shares Bought/sold Change
Norges Bank 1.43M +1.43M NEW
JPM JPMorgan Chase & Co. 5.43M -1.16M -17.6%
Bridgewater Associates 36.02K -994.2K -96.5%
STT State Street 6.58M -845.76K -11.4%
FMR 954 -735.88K -99.9%
BLK BlackRock 8.24M -647.35K -7.3%
GWL Great West Life Assurance 274.35K -526.18K -65.7%
Aqr Capital Management 367.68K -519.45K -58.6%
Great Lakes Advisors 610.04K +502.96K +469.7%
Confluence Investment Management 0 -462.85K EXIT

Financial report summary

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Risks
  • Our inability to successfully execute our customer strategy or evolve our business model 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 may be negatively impacted if we do not anticipate and respond to consumer preferences and fashion trends or manage inventory levels appropriately.
  • The investment in existing and new locations may not achieve our expected returns.
  • 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.
  • Improvements to our merchandise buying and fulfillment processes and systems could adversely affect our business if not successfully executed.
  • Our customer, employee and vendor relationships could be negatively affected if we fail to maintain our corporate culture and reputation.
  • 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.
  • Owning and leasing real estate exposes us to possible liabilities and losses.
  • If we fail to appropriately manage our capital, we may negatively impact our operations and shareholder return.
  • 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.
  • Our revenues and operating results are affected by the seasonal nature of our business and cyclical trends in consumer spending.
  • Our stores located in shopping centers may be adversely affected by any declines in consumer traffic of shopping centers.
  • 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.
  • 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, natural disasters, widespread pandemics, epidemics and other natural or man-made economic, political or environmental disruptions.
  • Our business may be materially and adversely affected by the spread of the novel coronavirus COVID-19.
  • 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
  • In our ongoing effort to enhance the customer experience, we are focused on providing customers with a seamless experience across our businesses. We invested early in our omni-channel capabilities, integrating our operations, merchandising and technology across our stores and online, in both our Full-Price and Off-Price businesses. While our customers may engage with us through multiple businesses, we know they value the overall Nordstrom brand experience and view us simply as Nordstrom, which is ultimately how we view our company. We have one Retail reportable segment and analyze our results on a total company basis.
  • We measure our performance through customer, market share, operational and net sales metrics. As this is how we measure our performance, and as the change in comparable sales approximates the change in net sales in 2019, we only report changes in net sales.
  • In 2019, we adopted the SEC’s rule of FAST Act Modernization and Simplification of Regulation S-K. In accordance with this new standard, we limit our presentation and discussion below to the two most recent fiscal years. For our comparison and discussion of 2018 and 2017, see Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations in Part II of our 2018 Annual Report, which we filed with the SEC on March 18, 2019.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Good
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