Company profile

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

JWN stock data

(
)

Calendar

4 Sep 20
3 Dec 20
30 Jan 21

News

Quarter (USD) Aug 20 May 20 Nov 19 Aug 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Feb 20 Feb 19 Feb 18 Jan 17
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.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
30 Sep 20 Bariquit Teri Common Stock Other Aquire J No 10.728 161 1.73K 44,681
30 Sep 20 Meden Scott A Common Stock Other Aquire J No 10.3728 1 10.37 58,568
30 Sep 20 Worzel Ken Common Stock Other Aquire J No 10.728 2 21.46 137,133.99
30 Sep 20 Thomas Geevy SK Common Stock Other Aquire J No 10.728 1 10.73 117,994
17 Sep 20 Maher Michael W Common Stock Payment of exercise Dispose F No 14.94 25 373.5 38,372
17 Sep 20 Maher Michael W Common Stock Grant Aquire A No 0 100 0 38,397
63.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 349 398 -12.3%
Opened positions 41 69 -40.6%
Closed positions 90 118 -23.7%
Increased positions 106 106
Reduced positions 125 156 -19.9%
13F shares
Current Prev Q Change
Total value 10.22B 10.93B -6.6%
Total shares 99.66M 100.95M -1.3%
Total puts 5.66M 4.88M +16.0%
Total calls 6.55M 3.87M +69.5%
Total put/call ratio 0.9 1.3 -31.6%
Largest owners
Shares Value Change
BLK Blackrock 13.81M $164.56M +38.6%
Vanguard 9.78M $116.64M -3.0%
JPM JPMorgan Chase & Co. 5.26M $62.03M -10.4%
STT State Street 3.87M $46.09M +5.0%
TROW T. Rowe Price 3.8M $45.3M +5.4%
Wishbone Management 3.6M $42.91M NEW
WDR Waddell & Reed Financial, Inc. - 3.05M $36.3M +1.8%
FMR 3.03M $36.1M -18.2%
GS Goldman Sachs 2.95M $35.2M +12.9%
BK Bank Of New York Mellon 2.63M $31.3M -54.2%
Largest transactions
Shares Bought/sold Change
Capital World Investors 760K -4.24M -84.8%
BLK Blackrock 13.81M +3.85M +38.6%
Wishbone Management 3.6M +3.6M NEW
BK Bank Of New York Mellon 2.63M -3.11M -54.2%
Arrowstreet Capital, Limited Partnership 1.49M -1.59M -51.6%
Nuveen Asset Management 1.45M +1.15M +376.3%
Gilder Gagnon Howe & Co 99.3K -1.14M -92.0%
Edmond De Rothschild Holding 1.78M +1.14M +177.9%
SF Stifel Financial 1.11M +1.02M +1065.9%
MS Morgan Stanley 1.54M +908.76K +144.9%

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
H.S. sophomore Good
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Removed: competitive, faster, gain, incremental, made, modified, profitability, safeguard