Is Nordstrom, Inc. (JWN) the Best Department Store Stock to Buy According to Hedge Funds? [Yahoo! Finance]
Nordstrom, Inc. (JWN)
Last nordstrom, inc. earnings: 3/3 04:05 pm
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Source: Yahoo! Finance
With the holiday season approaching, discussions and concerns about expected consumer spending are increasing. According to Deloitte's annual holiday survey, shoppers are feeling more optimistic despite concerns about inflation, and are planning to increase their holiday spending by 8% year over year. On October 19, Brian McCarthy, Principal of Retail Strategy and Transformation at Deloitte, joined Brad Smith on Yahoo Finance's Wealth! to discuss what he calls an expected record-breaking shopping season. As per Deloitte's latest holiday retail survey, consumers are planning to spend more money in this year's holiday season, primarily due to a "rosier economic outlook." He says that we are seeing a 9 percentage point increase in positivity towards the economy's future. In addition, the overall consumer perception of higher prices is also a factor, with around 70% of shoppers believing that their prices for gifts in 2024 will be higher than in 2023. Retail executives are also optim
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JWN
News
- What Analyst Projections for Key Metrics Reveal About Nordstrom (JWN) Q3 Earnings [Yahoo! Finance]Yahoo! Finance
- Nordstrom Board of Directors Approves Quarterly DividendPR Newswire
- Nordstrom Expands Footprint by Opening Store in Florida's Lakeland [Yahoo! Finance]Yahoo! Finance
- Nordstrom, Inc. (NYSE: JWN) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $24.00 price target on the stock.MarketBeat
- Nordstrom, Inc. (NYSE: JWN) had its price target raised by analysts at Citigroup Inc. from $22.00 to $23.00. They now have a "neutral" rating on the stock.MarketBeat
JWN
Earnings
- 8/27/24 - Beat
JWN
Sec Filings
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- 10/18/24 - Form SC
- JWN's page on the SEC website