Nordstrom, Inc. (NYSE:JWN) is reporting second quarter financial results on Tuesday 25th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, JWN is expected to report 2Q20 loss of $ 1.48 per share from revenue of $ 2380.45 million.
For the full year, analysts anticipate top line of $ 12231.70 million, while looking forward to loss of $ 3.53 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 15,359.00 million ~ $ 15,510.00 million, where as bottomline are predicted in a range of $ 3.25 ~ $ 3.50 per share
Click Here For More Historical Outlooks Of Nordstrom, Inc.
Stock Performance
Shares of Nordstrom, Inc. traded high $ 1.09 or 7.53 percent on Monday, reaching $ 15.57 with volume of 10.78 million shares. Nordstrom, Inc. has traded high as $ 15.65 and has cracked $ 14.62 on the downward trend
According to the previous trading day, closing price of $ 15.57, representing a 18.01 % increase from the 52 week low of $ 12.27 and a 66.61 % decrease over the 52 week high of $ 43.37.
The company has a market capital of $ 2.45 billion and is part of the Consumer Cyclical sector and Department Stores industry.
Recent Analyst recommendations
- On 19th August 2020, maintained by KeyBanc at Overweight rating, with $ 30.00 target price.
- On 14th August 2020, maintained by Wedbush at Neutral rating, with $ 15.00 target price.
Conference Call
Nordstrom, Inc. will be hosting a conference call at 4:45 PM eastern time on 25th August 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, (201) 689-8354 Toll Free, (United States) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/9d6x7fjh
Nordstrom, Inc., a fashion retailer, provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Jeffrey boutiques; clearance stores that operate under the Last Chance name; Trunk Club clubhouses and TrunkClub.com; and Nordstrom Locals. As of June 10, 2019, the company operated 380 stores in 40 states, including 119 full-line stores in the United States, Canada, and Puerto Rico; 247 Nordstrom Rack stores; 3 Jeffrey boutiques; 2 clearance stores; 6 Trunk Club clubhouses; and 3 Nordstrom Local service concepts.
