nordstrom rack

Retailer Nordstrom (NYSE: JWN) reported first-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Nordstrom reported first-quarter revenue of $3.18 billion, which was down 11.6% year-over-year. The revenue total beat a Street consensus estimate of...

Retailer Nordstrom Inc (NYSE: JWN) reported financial results after market close Tuesday. Here are the highlights. What Happened: Nordstrom reported fourth-quarter sales of $4.38 billion, up 23% year-over-year, which beat the consensus estimate of $4.35 billion according to Benzinga Pro. Full...

Nordstrom, Inc. (NYSE: JWN) plunged as much as 15 percent Friday despite reports of a marginal bottom-line beat, better-than-expected gross margins, in-line comps and raised sales guidance. Here's what the analysts are looking at. Inventory Trends Nomura is increasingly concerned with...

Following the release of first-quarter results by Nordstrom, Inc. (NYSE: JWN), Baird said lower comps at its Canadian stores could be weighing on growth — a trend that should be watched, as the company prepares to launch Rack stores in Canada, beginning next year. Canadian Worries The firm...

Nordstrom, Inc. (NYSE: JWN) shares were left reeling despite a first quarter that saw a beat on both the top and bottom lines. The department store, often viewed as one of the strongest company’s in a struggling retail environment, fell over 11 percent on Thursday. While comp sales fell 2.8...

As millennials and older generations gear up to save this holiday season, the decade's long tradition of the Black Friday and Thanksgiving evening sales rush has dwindled for 2016. While the Thanksgiving week sales are still newsworthy, the extravaganza had fewer participants. Some retailers even...

Tanger Factory Outlet Centers Inc. (NYSE: SKT), the only pure-play outlet mall operator in the shopping center/mall REIT space, appears to be doing a lot of things right. During Wednesday's Q4 2014 earnings call, Tanger reported these highlights: AFFO per share of $1.97, a 4.8 percent increase...

The retail sector has produced conflicting information recently, with most stores reporting better-than-expected holiday sales alongside announcements of store closures. J C Penney Company Inc (NYSE: JCP) is one such retailer; the company reported a 3.7 percent increase in holiday sales, but...