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Nordstrom Inc (JWN.N)

JWN.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Nordstrom Announces Brad Smith As Chairman Of Board
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Nordstrom Inc ::NORDSTROM, INC., ANNOUNCES BRAD SMITH AS CHAIRMAN OF BOARD OF DIRECTORS.NORDSTROM SAYS BOARD OF DIRECTOR BRAD SMITH WILL TAKE ON ADDITIONAL ROLE OF CHAIRMAN OF CO'S BOARD EFFECTIVE NOVEMBER 1.NORDSTROM INC - CHAIRMAN, PHIL SATRE, TO CONTINUE SERVING ON BOARD.  Full Article

Nordstrom Board Authorizes $1.5 Bln Share Repurchase Program
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Nordstrom Inc ::NORDSTROM BOARD OF DIRECTORS AUTHORIZES $1.5 BILLION SHARE REPURCHASE PROGRAM AND APPROVES QUARTERLY DIVIDEND.NORDSTROM BOARD OF DIRECTORS AUTHORIZES $1.5 BILLION SHARE REPURCHASE PROGRAM AND APPROVES QUARTERLY DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.37PER SHARE.AUTHORIZED A REPURCHASE PROGRAM OF UP TO $1.5 BILLION OF COMPANY'S OUTSTANDING COMMON STOCK, WITH NO EXPIRATION DATE.$1.5 BILLION SHARE REPURCHASE PROGRAM WILL REPLACE CO'S EXISTING REPURCHASE PROGRAM, WHICH HAS $327 MILLION OUTSTANDING AS OF AUGUST 4, 2018.  Full Article

Nordstrom Announces Investments In Digital Technology
Thursday, 8 Mar 2018 

Nordstrom Inc ::NORDSTROM ANNOUNCES INVESTMENTS IN DIGITAL TECHNOLOGY.NORDSTROM - CLOSED DEALS TO ACQUIRE TWO RETAIL TECHNOLOGY COMPANIES CALLED BEVYUP AND MESSAGEYES.  Full Article

Nordstrom Sees FY 2017 Earnings Per Share $2.90 To $2.95
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Nordstrom Inc ::NORDSTROM REPORTS NOVEMBER AND DECEMBER COMBINED SALES.SEES FY 2017 REVENUE UP ABOUT 4.2 PERCENT.SEES FY 2017 EARNINGS PER SHARE $2.90 TO $2.95.- ‍INCREASE IN COMPARABLE SALES OF 1.2 PERCENT FOR NINE WEEKS ENDED DECEMBER 30, 2017, COMPARED WITH SAME PERIOD LAST YEAR​.FY EARNINGS PER SHARE VIEW $2.93, REVENUE VIEW $15.37 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Nordstrom Rack President Karen McKibbin To Retire
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Nordstrom Inc ::NORDSTROM - GEEVY THOMAS, CHIEF INNOVATION OFFICER, WILL SUCCEED KAREN MCKIBBIN.NORDSTROM RACK PRESIDENT KAREN MCKIBBIN TO RETIRE.  Full Article

Nordstrom board of directors approves quarterly dividend
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Nordstrom Inc :Nordstrom board of directors approves quarterly dividend.Nordstrom Inc - ‍board of directors approved a quarterly dividend of 37 cents per share payable on December 12, 2017​.  Full Article

Nordstrom posts Q3 earnings per share $0.67
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Nordstrom Inc :Nordstrom reports third quarter 2017 earnings.Q3 sales $3.5 billion versus I/B/E/S view $3.58 billion.Q3 earnings per share $0.67.Q3 earnings per share view $0.63 -- Thomson Reuters I/B/E/S.Nordstrom Inc says ‍in the quarter company net sales increased 2.0 percent and comparable sales decreased 0.9 percent​.Says ‍updated its annual outlook expectations for earnings per diluted share to incorporate Q3 results​.Nordstrom - ‍53rd week is expected to add approximately $200 million to total net sales and approximately $0.02 to $0.03 to earnings per diluted share​.Sees ‍FY earnings per diluted share of $2.85 to $2.95​.Nordstrom - ‍full-year impact from several hurricanes that occurred in Q3 is estimated to impact sales by $26 million, EBIT by $17 million and EPS by $0.06​.  Full Article

Nordstrom family to temporarily suspend exploring going private deal for Nordstrom
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Nordstrom family::In light of difficulty obtaining debt financing in current retail environment, suspended exploration of going private deal for rest of year‍​.Group intends to continue to explore possibility of making a proposal for going private transaction for Nordstrom Inc after holiday season‍​.  Full Article

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Out of fashion? H&M tests new store to get back in vogue

STOCKHOLM Step into one of the more than 4,300 H&M budget fashion stores around the world and you often know what to expect: clothes racks crammed with tops, trousers and skirts in a spartan and sometimes cluttered environment.