Nordstrom (JWN)

Company Profile

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

NYSE

Website

www.nordstrom.com

CEO

Erik Nordstrom

Incorporated

Washington

Location

Washington

Fiscal year end

Jan 28

Sector

Retail Trade > Family Clothing Stores

Industry (SIC)

Retail - Family Clothing Stores

TJX Companies • Gap • Ross Stores • Abercrombie & Fitch • American Eagle Outfitters • Urban Outfitters • Lands` End • Childrens Place • Buckle • Stein Mart ...

Former names

NORDSTROM BEST INC

SEC CIK

0000072333

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Nordstrom International Limited • Nordstrom Card Services, Inc. • Nordstrom Canada Holdings, LLC ...

IRS number

910515058

JWN stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$18.64

Low target

$13.00

High target

$22.00

Telsey Advisory Group

Latest filings (excl ownership)

View all

8-K

Nordstrom Reports Holiday Sales, Updates Outlook

19 Jan 23

8-K

Departure of Directors or Certain Officers

5 Jan 23

8-K

Departure of Directors or Certain Officers

2 Dec 22

Nordstrom Reports Third Quarter 2022 Earnings

22 Nov 22

8-K

Nordstrom Board of Directors Approves Quarterly Dividend

21 Nov 22

8-K

Nordstrom Announces CFO Transition

17 Oct 22

8-K

Departure of Directors or Certain Officers

5 Oct 22

CERT

Certification of approval for exchange listing

29 Sep 22

8-K

Entry into a Material Definitive Agreement

20 Sep 22

Transcripts

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JWN

Earnings call transcript

2022 Q3

22 Nov 22

JWN

Earnings call transcript

2022 Q2

23 Aug 22

JWN

Earnings call transcript

2022 Q1

24 May 22

JWN

Earnings call transcript

2021 Q4

2 Mar 22

JWN

Earnings call transcript

2021 Q3

24 Nov 21

JWN

Earnings call transcript

2021 Q2

25 Aug 21

JWN

Earnings call transcript

2021 Q1

26 May 21

JWN

Earnings call transcript

2020 Q4

3 Mar 21

JWN

Earnings call transcript

2020 Q3

24 Nov 20

JWN

Earnings call transcript

2020 Q2

25 Aug 20

Latest ownership filings

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SC 13G/A

BlackRock Inc.

1 Feb 23

Atticus Nathaniel Tysen

Financial summary

Financial statements Chart JWN financial data

Quarter (USD)	Oct 22	Jul 22	Apr 22	Jan 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 22	Jan 21	Jan 20	Feb 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	293.00 mm	293.00 mm	293.00 mm	293.00 mm	293.00 mm	293.00 mm
Cash burn (monthly)	67.00 mm	(no burn)	9.67 mm	(no burn)	44.33 mm	(no burn)
Cash used (since last report)	212.11 mm	n/a	30.60 mm	n/a	140.35 mm	n/a
Cash remaining	80.89 mm	n/a	262.40 mm	n/a	152.65 mm	n/a
Runway (months of cash)	1.2	n/a	27.1	n/a	3.4	n/a

Beta Read what these cash burn values mean

Financial data from Nordstrom earnings reports.

Institutional ownership, Q3 2022

JWN institutional ownership history Ownership history

65.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	340	379	-10.3%
Opened positions	37	60	-38.3%
Closed positions	76	64	+18.8%
Increased positions	122	136	-10.3%
Reduced positions	111	108	+2.8%

13F shares	Current	Prev Q	Change
Total value	2.05 bn	2.17 bn	-5.3%
Total shares	105.45 mm	98.56 mm	+7.0%
Total puts	8.35 mm	5.73 mm	+45.9%
Total calls	5.19 mm	11.01 mm	-52.8%
Total put/call ratio	1.6	0.5	+209.3%

Largest owners	Shares	Value	Change
El Puerto de Liverpool, S.A.B. de C.V.	15.76 mm	$308.80 mm	NEW
Vanguard	10.46 mm	$174.99 mm	+1.3%
BLK Blackrock	9.50 mm	$158.92 mm	-1.9%
FMR	5.58 mm	$93.33 mm	-18.8%
Bruce A Nordstrom	3.52 mm	$163.30 mm	0.0%
Arrowstreet Capital, Limited Partnership	2.25 mm	$37.66 mm	+33.1%
Balyasny Asset Management	2.16 mm	$36.18 mm	+71.0%
Cooper Creek Partners Management	2.04 mm	$34.16 mm	NEW
Marshall Wace	1.74 mm	$29.08 mm	-68.2%
Fisher Asset Management	1.73 mm	$28.92 mm	NEW

Largest transactions	Shares	Bought/sold	Change
El Puerto de Liverpool, S.A.B. de C.V.	15.76 mm	+15.76 mm	NEW
STT State Street	0.00	-4.26 mm	EXIT
Marshall Wace	1.74 mm	-3.74 mm	-68.2%
Two Sigma Investments	825.98 k	-2.38 mm	-74.3%
Citadel Advisors	807.61 k	-2.37 mm	-74.6%
Cooper Creek Partners Management	2.04 mm	+2.04 mm	NEW
Fisher Asset Management	1.73 mm	+1.73 mm	NEW
Two Sigma Advisers	1.68 mm	-1.53 mm	-47.6%
Pacer Advisors	14.51 k	-1.40 mm	-99.0%
FMR	5.58 mm	-1.29 mm	-18.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

JWN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Dec 22	Bariquit Teri	Common Stock	Payment of exercise	Dispose F	No	No	16.39	155	2.54 k	58,646
19 Dec 22	Bariquit Teri	Common Stock	Grant	Acquire A	No	No	16.39	155	2.54 k	58,801
19 Dec 22	Bariquit Teri	Performance Share Units Common Stock	Option exercise	Dispose M	No	No	16.39	155	2.54 k	22,163
19 Dec 22	Worzel Ken	Common Stock	Payment of exercise	Dispose F	No	No	16.39	509	8.34 k	130,211
19 Dec 22	Worzel Ken	Common Stock	Grant	Acquire A	No	No	16.39	509	8.34 k	130,720
19 Dec 22	Worzel Ken	Performance Share Units Common Stock	Option exercise	Dispose M	No	No	16.39	509	8.34 k	58,941
19 Dec 22	Nordstrom Peter E	Common Stock	Payment of exercise	Dispose F	No	No	16.39	603	9.88 k	2,471,488
19 Dec 22	Nordstrom Peter E	Common Stock	Grant	Acquire A	No	No	16.39	603	9.88 k	2,472,091
19 Dec 22	Nordstrom Peter E	Performance Share Units Common Stock	Option exercise	Dispose M	No	No	16.39	603	9.88 k	69,933
19 Dec 22	Nordstrom Erik B	Common Stock	Payment of exercise	Dispose F	No	No	16.39	603	9.88 k	2,599,814