| (USD) | Feb 2024 | Q/Q |
|---|---|---|
| Revenue | 4.4B | +33% |
| Operating Income | 190MM | - |
| Operating Expenses | 4.2B | - |
| Net Income | 135MM | - |
| G&A | 1.4B | +19% |
| Interest Expense | 26MM | +8% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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The retailer's shares are trading at a significant discount to the broader market, but the company faces key headwinds
Let's dig into the relative performance of Kohl's (NYSE:KSS) and its peers as we unravel the now-completed Q4 department store earnings season.
Dozens of firms change what and how they report on their diversity initiatives as DEI programs come under legal and political threat.
The Nordstrom brothers, who are the retailer’s top executives, notified the board of their interest, and a special committee has been formed.
The board of the Seattle-based operator of the upscale Nordstrom department stores and the Rack off-price chain said it's evaluating different avenues to increasing shareholder value.
Nordstrom board of directors is forming a special committee to explore whether the company should be taken private by members of the Nordstrom family, the retailer said. Earlier this year, reports emerged that members of the Nordstrom family were considering taking the company private. The committee was formed in response to the Nordstroms’ proposal, the company said Thursday.
The move by CEO Erik Nordstrom and President Pete Nordstrom comes at a time when department store chains across the U.S. are grappling with weak sales as sticky inflation and elevated borrowing costs prompt customers to rethink their discretionary spending. The Seattle-based retailer said the committee would evaluate any proposal from the founding family as well as other parties. Nordstrom's shares were up about 2% in after hours trading.
The department-store chain has formed a special board committee and tapped bankers to consider a potential bid.
Nordstrom said the founding family behind the department store chain had shown an interest in exploring a go-private deal, and the company's board had formed a special committee of independent directors to look into it. The move by CEO Erik Nordstrom and President Pete Nordstrom comes at a time when department store chains across the U.S. are grappling with weak sales as sticky inflation and elevated borrowing costs prompt customers to rethink their discretionary spending. The Seattle-based re...
The Board of Directors of Nordstrom, Inc. (NYSE: JWN) is committed to enhancing shareholder value and regularly evaluates a wide range of strategic, financial and operational alternatives as the Company continues to execute its strategic plan.