Last €51.54 EUR
Change Today +0.92 / 1.82%
Volume 0.0
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As of 2:08 AM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

nordstrom inc (NRD) Snapshot

Open
€51.55
Previous Close
€50.62
Day High
€51.56
Day Low
€51.54
52 Week High
07/31/14 - €52.26
52 Week Low
02/5/14 - €40.38
Market Cap
9.8B
Average Volume 10 Days
2.5
EPS TTM
--
Shares Outstanding
190.0M
EX-Date
08/28/14
P/E TM
--
Dividend
€1.32
Dividend Yield
1.80%
Current Stock Chart for NORDSTROM INC (NRD)

nordstrom inc (NRD) Details

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It operates in two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise. This segment sells its products through various channels; online private sale subsidiary, HauteLook, Inc, as well as online store, Nordstrom.com; and catalog sale. As of August 14, 2014, this segment operated 271 stores, including 117 full-line stores, 151 Nordstrom Racks, 2 Jeffrey boutiques, and 1 clearance store in 36 states. The Credit segment operates Nordstrom fsb, a federal savings bank, which provides a private label credit card, two Nordstrom VISA credit cards, and a debit card. Its credit and debit cards feature a shopping-based loyalty program. Nordstrom, Inc. was founded in 1901 and is based in Seattle, Washington.

62,500 Employees
Last Reported Date: 03/17/14
Founded in 1901

nordstrom inc (NRD) Top Compensated Officers

Principal Executive Officer, President and Di...
Total Annual Compensation: $719.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $710.8K
Executive Vice President, Director and Presid...
Total Annual Compensation: $719.0K
President of Merchandising, Executive Vice Pr...
Total Annual Compensation: $719.0K
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $552.8K
Compensation as of Fiscal Year 2013.

nordstrom inc (NRD) Key Developments

Nordstrom Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended August 2, 2014; Revised Earnings Guidance for the Fiscal 2014; Announces Write-Offs for the Second Quarter Ended August 2, 2014

Nordstrom Inc. reported unaudited consolidated earnings results for the second quarter and six months ended August 2, 2014. For the quarter, the company's net sales were $3,296 million compared to $3,104 million a year ago. Total revenues were $3,392 million compared to $3,196 million a year ago. Earnings before interest and income taxes were $331 million compared to $335 million a year ago. Earnings before income taxes were $296 million compared to $298 million a year ago. Net earnings was $183 million or $0.95 per diluted share compared to $184 million or $0.93 per diluted share a year ago. Total company same-store sales for the second quarter increased 4.4% on top of last year's same-store sales increase of 4.5%. For the six months, the company's net sales were $6,133 million compared to $5,761 million a year ago. Total revenues were $6,323 million compared to $5,945 million a year ago. Earnings before interest and income taxes were $596 million compared to $610 million a year ago. Earnings before income taxes were $526 million compared to $534 million a year ago. Net earnings was $323 million or $1.68 per diluted share compared to $329 million or $1.66 per diluted share a year ago. Net cash provided by operating activities was $367 million compared to $547 million a year ago. Capital expenditures were $376 million compared to $427 million a year ago. Based on current sales trends, the company revised its full-year earnings per diluted share outlook to $3.80 to $3.90 compared to its prior outlook of $3.73 to $3.90 does not include the acquisition of Trunk Club, which is estimated to reduce earnings per diluted share by 3 to 5%. The company expects total sales to increase 6.5% to 7.5% compared to prior outlook of 5.5% to 7.5%. The company expects interest expense, net to be in the range of $5 million to $10 million compared to prior outlook of $5 million. The company expects effective tax rate of 38.6% compared to prior outlook of 39%. Comparable sales are now expected to increase by 3% to 4%, as compared with a 2% to 4% increase provided earlier. The company announced write-offs of $19 million for the second quarter ended August 2, 2014 compared to $21 million a year ago.

Nordstrom, Inc. Plans to Open New Stores

Nordstrom Inc. plans to open three full-line stores (The Woodlands, Texas; Calgary, Canada and Jacksonville, Florida) later 2014. The company plans to open 16 additional stores during the remainder of the year 2014.

Nordstrom Rack to Open at the Center Next Spring

Nordstrom planned to bring a Nordstrom Rack to The Center at Rancho Niguel in Laguna Niguel next spring. It will be the seventh Rack location in Orange County. Laguna Niguel Assistant City Manager Dan Fox said he believes the opening of the new location is planned for April 2015. Nordstrom Rack will move into a store approximately 29,500 square feet, according to the company's announcement. The property, owned by the local Buie Stoddard Group, was formerly a Loehmann's until that chain closed its doors earlier this year. The Center at Rancho Niguel, west of I-5 off the intersection of Crown Valley Parkway and Greenfield Drive, includes businesses such as BevMo and Ethan Allen.

 

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NRD Competitors

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Company Last Change
Bed Bath & Beyond Inc $63.72 USD +0.47
Kohl's Corp $58.88 USD +1.14
Mattel Inc $34.90 USD -0.34
Ralph Lauren Corp $169.33 USD +2.33
Ross Stores Inc $69.87 USD +0.56
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Industry Analysis

NRD

Industry Average

Valuation NRD Industry Range
Price/Earnings 18.0x
Price/Sales 1.0x
Price/Book 6.1x
Price/Cash Flow 17.5x
TEV/Sales 0.7x
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