What to Expect When Nordstrom Reports After the Close

Nordstrom Q1 Earnings: Digital Soars, But Comp Sales Miss the Mark

Virtus Investment Advisers Incorporated invested in 14,674 shs. Thompson Investment Management accumulated 4,525 shs.

Nordstrom, Inc. (JWN) is an interesting player in the Services space, with a focus on Apparel Stores.

Sumitomo Mitsui Trust Holdings Inc. increased its stake in Nordstrom (NYSE:JWN) by 0.7% in the 1st quarter, according to its most recent disclosure with the SEC. (NYSE:JWN). Bartlett & Com has 300 shs for 0% of their capital. Evergreen Capital Management Ltd Limited Liability Company holds 215,232 shs or 1.03% of its capital.

In recent action, Nordstrom, Inc. (NYSE:JWN) for 114,077 shares. Nordstrom Inc had 13 analyst reports since December 21, 2017 according to SRatingsIntel. First Interstate Fincl Bank invested 0% in Nordstrom, Inc. (NYSE:JWN). Windward Ca invested in 37,299 shs or 0.26% of the stock. JP Morgan upgraded Nordstrom, Inc.

In its full-price division, which consists of Nordstrom U.S. full-scale stores, Nordstrom.com, Trunk Club, revenue at stores comparable sales rose 0.7 percent. On Friday, April 27 a trade for 10,186 shs valued at $509,300 was made by Meden Scott A. The insider Deputy Christine sold $515,032.

For more Nordstrom, Inc. (NYSE:JWN). Zurcher Kantonalbank (Zurich Cantonalbank) holds 23,624 shares. During the same quarter in the previous year, the firm earned $1.27 earnings per share. Nordstrom's revenue for the quarter was up 8.4% compared to the same quarter a year ago. Oakworth holds 204 shares or 0% of its portfolio. The specialty retailer reported $1.20 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.24 by ($0.04). JWN touched $49.86 during the last trading session after $0.54 change.Nordstrom, Inc. has volume of 1.55M shares. Nordstrom, Inc. (NYSE:JWN) has risen 11.56% since May 16, 2017 and is uptrending. It has outperformed by 0.01% the S&P500.

Meanwhile, Nordstrom is experimenting with new concepts to win back shoppers. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and five have assigned a buy rating to the company's stock. (NYSE:JWN) for 7,836 shares. Finally, BMO Capital Markets boosted their price objective on shares of Nordstrom from $50.00 to $55.00 and gave the stock a "market perform" rating in a report on Monday, March 5th. Following the completion of the transaction, the chief marketing officer now directly owns 61,858 shares of the company's stock, valued at approximately $3,092,900.

Nordstrom Inc. (NYSE:JWN) received a Buy rating from 1 analysts.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 9.4%, and has a solid year to date (YTD) performance of 7.75% which means that the stock is constantly adding to its value from the previous fiscal year end price. Nordstrom had a return on equity of 60.72% and a net margin of 2.86%. (NYSE:JWN) on Tuesday, January 2 to "Neutral" rating. In Wednesday, March 21 report Susquehanna maintained it with "Hold" rating and $45.0 target. (NYSE:JWN) on Friday, March 2 with "Neutral" rating. The titles are as follows: "Nordstrom: The Right Retail Formula" released on April 24, 2018, "Nordstrom: A Decent Performing But Fairly Priced Retailer" on April 26, 2018, "Nordstrom: Diamond In The Rough" with a publish date: April 30, 2018, "Game Plan For The Week - Cramer's Mad Money (5/11/18)" and the last "Upcoming Earnings: Department Store Macy's Reports On Wednesday Morning" with publication date: May 15, 2018. (NYSE:JWN) earned "Hold" rating by Susquehanna. On Tuesday, January 23 William Blair downgraded Nordstrom, Inc. The stock has "Hold" rating by RBC Capital Markets on Friday, March 2.

Nordstrom, Inc.is a leading fashion specialty retailer offering compelling clothing, shoes and accessories for men, women and children. Customers are served at full-line stores in the US and Canada, Nordstrom Rack locations, seven Trunk Club clubhouses-a personalized styling service-Jeffrey boutiques and clearance stores. KeyBanc Capital Markets maintained the stock with "Buy" rating in Wednesday, January 10 report.

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