Nordstrom Inc

Most Recent

  • JCPenney: Insight into Its Roller Coaster Journey
    Company & Industry Overviews

    JCPenney: Insight into Its Roller Coaster Journey

    This series on JCPenney will provide insight into the company’s business and its turnaround strategy, key growth initiatives, stock price movement, and valuation.

    By Sirisha Bhogaraju
  • uploads///Operating margin
    Earnings Report

    Nordstrom’s operating margins feel the squeeze from expansion

    In fiscal 2014, Nordstrom’s operating margins declined by another 9.8% on the heels of a 10.8% decline in fiscal 2013.

    By Sirisha Bhogaraju
  • uploads///TJX Q Earnings Preview
    Earnings Report

    Why TJX Companies Might Post Tepid Earnings Growth in 2Q16

    TJX Companies (TJX) will announce its results for the second quarter of fiscal 2016 on August 18. The second quarter ended on August 1, 2015.

    By Sirisha Bhogaraju
  • uploads///PCE
    Macroeconomic Analysis

    Flat Consumer Spending May Cast a Shadow over Department Stores

    According to the BEA, consumer spending remained essentially unchanged despite a 0.3% rise in real disposable income stemming from a higher savings rate.

    By Sirisha Bhogaraju
  • uploads///ANR JWN
    Consumer

    Why Most Analysts Have ‘Hold’ Ratings on Nordstrom

    On August 2, 2016, Nordstrom’s (JWN) stock price had fallen by 18.7% to $40.74 on a YTD (year-to-date) basis.

    By Sirisha Bhogaraju
  • uploads///KSS stock price
    Miscellaneous

    Kohl’s Stock Fell 18.8% on News of Weak Fiscal 4Q15 Sales

    As of February 4, 2016, 14 of the 24 analysts covering Kohl’s have a “hold” recommendation for the stock, eight analysts have a “buy” recommendation, and two analysts gave a “sell” recommendation.

    By Sirisha Bhogaraju
  • uploads///holiday sales
    Company & Industry Overviews

    Will Macy’s and Its Peers Rejoice This Holiday Season?

    According to data released by the NRF (National Retail Federation) on December 14, 2016, retail sales rose 5.0% on a year-over-year basis in November.

    By Sirisha Bhogaraju
  • uploads///JWN revenue
    Miscellaneous

    Why Nordstrom May End the Year with Subdued Revenue Growth

    Nordstrom’s (JWN) overall revenue, including credit card revenue, rose 1.1%, -1.4%, and 6.4%, respectively, in 1Q16, 2Q16, and 3Q16.

    By Sirisha Bhogaraju
  • uploads///Consumer confidence
    Macroeconomic Analysis

    Consumer Sentiment Is down in March after 11-Year High

    The Consumer Sentiment Index for March 2015 declined to 93 from 95.4 in the month of February due to slightly higher gas prices and bad weather.

    By Sirisha Bhogaraju
  • uploads///S
    Company & Industry Overviews

    Costco Rose, Citigroup Upgraded the Stock

    The S&P 500 Consumer Staples sector rose 0.15% on December 19. Costco Wholesale (COST) and Altria Group (MO) were the top performers.

    By Val Kensington
  • uploads///JWN Outlook
    Earnings Report

    Nordstrom Raises Its Outlook Following Strong 2Q15 Results

    Nordstrom (JWN) raised its outlook for fiscal 2015, which ends January 30, 2016, backed by strong sales growth in the first half of 2015.

    By Sirisha Bhogaraju
  • uploads///ANR
    Miscellaneous

    Department Stores on the Street: What the Analysts Recommend

    Most department stores, including JCPenney (JCP), Macy’s (M), Nordstrom (JWN), and Kohl’s (KSS), have consensus “hold” ratings for their respective stocks.

    By Sirisha Bhogaraju
  • uploads///JCP Margins
    Consumer

    Analyzing JCPenney’s Margins in Fiscal 2Q17

    JCPenney’s (JCP) gross margin fell by 200 basis points to 35.1% in fiscal 2Q17—compared to 37.1% in fiscal 2Q16.

    By Sirisha Bhogaraju
  • uploads///Redbook
    Macroeconomic Analysis

    Johnson Redbook Index Reflects Sluggish US Same-Store Sales

    Subdued US same-store sales are not a favorable indicator for department stores. In 1Q15, which ended May 2, 2015, Macy’s (M) reported a 0.7% fall in same-store sales.

    By Sirisha Bhogaraju
  • uploads///macys stock
    Consumer

    Macy’s Stock: Why Most Analysts Recommend a ‘Hold’

    Today at 7:09 AM ET, Macy’s (NYSE:M) stock rose 8% to $6.65 in the pre-market session. The shares rose due to positive developments.

    By Ambrish Shah
  • uploads///M stock price movement
    Company & Industry Overviews

    Macy’s Investors Disappointed in 2015: Stock Falls More Than 46%

    Macy’s (M) stock price has fallen a whopping 46.7% this year. On December 21, 2015, Macy’s share price fell to $35.02. It touched its 52-week low of $34.50 on December 17.

    By Sirisha Bhogaraju
  • uploads///M Sales
    Earnings Report

    How Macy’s Plans to Boost Its Future Sales

    Sales under pressure As discussed earlier in this series, Macy’s sales continued to fall for the seventh straight quarter in 3Q16. In 3Q16, which ended on October 29, 2016, Macy’s same-store sales fell 3.3% on an owned basis. The company’s same-store sales fell 2.7% in the quarter on an owned plus licensed basis. Macy’s is […]

    By Sirisha Bhogaraju
  • uploads///Macys Valuation
    Consumer

    Comparing Macy’s Valuations to Its Peers’

    In this article, we’ll use the 12-month forward PE (price-to-earnings) ratio to assess Macy’s current valuation and compare it with its peers’.

    By Sirisha Bhogaraju
  • uploads///TJX EPS Q
    Company & Industry Overviews

    Can TJX Companies Sustain Its Earnings Growth after Fiscal 2Q17?

    Following the strong results in fiscal 2Q17, TJX Companies raised its earnings outlook for fiscal 2017. TJX expects its fiscal 2017 EPS to be in the $3.39–$3.43 range.

    By Sirisha Bhogaraju
  • uploads///Margins
    Company & Industry Overviews

    Which Off-Price Retailer Is Operating at the Highest Margins?

    Major off-price retailers have strong margins supported by lean operating models, efficient inventory management, and strong vendor relationships.

    By Sirisha Bhogaraju
  • uploads///Nordstrom Store count
    Earnings Report

    An Insight into Nordstrom’s Fiscal 2016 Store Growth Plans

    In fiscal 2016, Nordstrom plans to open three new full-line stores and 20 new Nordstrom Rack stores. The company also plans to relocate one full-line store and two Nordstrom Rack stores in fiscal 2016.

    By Sirisha Bhogaraju
  • uploads///Kohls
    Consumer

    Kohl’s, JCPenney Slide amid Weak Holiday Sales

    Kohl’s stock plunged 9.5% while JCPenney was down 11% today at 1:01 PM ET. These department store chains announced dismal holiday sales.

    By Sirisha Bhogaraju
  • uploads///losers
    Company & Industry Overviews

    Which Consumer Sector Stocks Lost the Most Last Week?

    The Washington-based Costco Wholesale Corporation (COST) announced its fiscal 2Q18 results on March 7 after the market closed.

    By Sushree Mohanty
  • uploads///Kohls
    Consumer

    Will Kohl’s Q1 Results Reflect Its Plight amid COVID-19?

    Kohl’s will likely report its first-quarter results on May 19. The mid-tier department store chain temporarily closed its stores starting on March 19.

    By Sirisha Bhogaraju
  • uploads///TJX US segment sales
    Earnings Report

    TJX Companies: Pricing Strategy Benefits US Sales in 2Q16

    In the first six months of fiscal 2016, HomeGoods accounted for 12.2% of the consolidated net sales of TJX Companies. That’s up from 11.2% in the comparable period of the previous year.

    By Sirisha Bhogaraju
  • uploads///Macys
    Consumer

    Macy’s Preliminary Q1 Results: Good and Bad

    Macy’s (NYSE:M) stock rose 4.0% as of 10:00 AM ET on June 9. The company said that it has experienced better-than-expected sales at reopened stores.

    By Sirisha Bhogaraju
  • uploads///department store _
    Company & Industry Overviews

    Analysts Downgrade Macy’s Stock on Weak Outlook

    Bank of America Merill Lynch downgraded Macy’s stock to an “underperform” after the department store reported weak holiday sales.

    By Sirisha Bhogaraju
  • uploads///anr jwn
    Consumer

    What Analysts Recommend for Nordstrom Stock

    The majority of analysts have a consensus “hold” rating for Nordstrom stock.

    By Sirisha Bhogaraju
  • uploads///Jobless
    Macroeconomic Analysis

    Fall in Jobless Claims Might Benefit Department Stores

    Initial jobless claims for the week ending June 13 came in at 267,000 on a seasonally adjusted basis—better than consensus economists’ estimate of 275,000.

    By Sirisha Bhogaraju
  • uploads///consumer confidence indices
    Macroeconomic Analysis

    Conference Board Indicates Upbeat Consumer Confidence in March

    In March, the Consumer Confidence Index surged to 101.3. In February, it dropped to 98.8 from 103.8 in January. The CSI fell to 93.0 from 95.4 in February.

    By Sirisha Bhogaraju
  • uploads///JCPgross margin
    Company & Industry Overviews

    Why JCPenney Considers Its Private Brands to Be Vital

    JCPenney (JCP) considers its private brands as key sales drivers. Some of the company’s popular private brands are St. John’s Bay, Arizona, Okie Dokie, Total Girl, and Xersion.

    By Sirisha Bhogaraju
  • uploads///TJX chart
    Miscellaneous

    The TJX Companies: Benefiting from International Presence?

    The TJX Companies’ acquisition of Trade Secret marks the company’s presence in its eighth country and third continent.

    By Sirisha Bhogaraju
  • uploads///Market cap
    Company & Industry Overviews

    Analyzing Kohl’s Opportunities and Threats after 3Q15

    Kohl’s can look for growth opportunities in off-price retailing. It opened its first Off-Aisle by Kohl’s store in 2015, with a slightly different concept.

    By Sirisha Bhogaraju
  • uploads///JCP EPS Q
    Consumer

    JCPenney’s Bottom Line Continued to Improve in 2Q16

    JCPenney’s strategic initiatives helped improve its bottom line in all of the quarters in fiscal 2015 and in 1Q16. IJJ has 0.4% exposure to JCPenney.

    By Sirisha Bhogaraju
  • uploads///football american college game
    Company & Industry Overviews

    JCPenney Gets Sporty, Partners with Fanatics

    On June 7, JCPenney (JCP) announced its partnership with Fanatics—a leading licensed sports merchandise retailer.

    By Sirisha Bhogaraju
  • uploads///Rost e commerce sales
    Company & Industry Overviews

    Why Ross Stores Isn’t Keen on E-Commerce Growth

    Ross Stores, which falls in the moderate off-price space, does not seem to be keen on expanding its e-commerce business and does not have an online store.

    By Sirisha Bhogaraju
  • uploads///hanger clothing department store
    Company & Industry Overviews

    Why Nordstrom Stock Fell on July 10

    Nordstrom (JWN) stock fell 2.7% on July 10 following a rating downgrade by KeyBanc Capital Markets to “sector weight” from “overweight.”

    By Sirisha Bhogaraju
  • uploads///JCP stock price
    Miscellaneous

    JCPenney’s Stock Up by 42% in 2016 as Analysts See More Upside

    Of the 26 analysts covering JCPenney’s stock, 11 analysts have a “buy” recommendation and 11 analysts have a “hold” recommendation. Four analysts have issued a “sell” rating.

    By Sirisha Bhogaraju
  • uploads///cbbceebccd
    Earnings Report

    Why JCPenney Stock Rallied in the First Half of 2015

    The rise in JCPenney stock is influenced by its improved financials and renewed expectations about growth prospects. In fiscal 2014, JCPenney reported same-store sales growth of 4.4%.

    By Sirisha Bhogaraju
  • uploads///Macys valuation
    Earnings Report

    Macy’s Valuation Falls in Reaction to Its 1Q17 Results

    Macy’s (M) 12-month forward PE (price-to-earnings multiple) fell 15.1% to 7.2x on May 11, 2017, in reaction to its disappointing 1Q17 performance.

    By Sirisha Bhogaraju
  • uploads///JCP analysts rating
    Consumer

    JCPenney: Why Most Analysts Rate the Stock a ‘Buy’

    As we mentioned in Part 1 of this series, JCPenney’s (JCP) stock has risen 24.7% since the start of the year to $8.69 as of June 28.

    By Sirisha Bhogaraju
  • uploads///TJX US Sales chart
    Earnings Report

    TJX Companies’ HomeGoods Segment Impressed in Fiscal 3Q16

    TJX Companies’ HomeGoods segment reported strong same-store sales growth of 6%. The segment’s net sales grew by 12.8% to $959.8 million in 3Q16.

    By Sirisha Bhogaraju
  • uploads///Nordstrom Credit card revenue
    Company & Industry Overviews

    Nordstrom Completes Sale of Credit Card Portfolio to TD Bank

    On October 1, Nordstrom (JWN) announced the completion of the sale of its credit card portfolio to Toronto-Dominion Bank (TD), also known as TD Bank.

    By Sirisha Bhogaraju
  • uploads///ETFs
    Company & Industry Overviews

    ETFs with holdings in Nordstrom

    This article discusses ETFs with holdings in Nordstrom.

    By Sirisha Bhogaraju
  • uploads///KSS Valuation
    Consumer

    Kohl’s Valuation Surges after Fiscal 2Q16 Results

    As of August 15, Kohl’s was trading at a 12-month forward PE (price-to-earnings) ratio of 11.7x.

    By Sirisha Bhogaraju
  • uploads///JCP EPS Q
    Earnings Report

    JCPenney’s Sales Fall in 1Q16: How Did It Trim Its Losses?

    JCPenney (JCP) was able to trim its losses in 1Q16 ended April 30, 2016, despite lower sales.

    By Sirisha Bhogaraju
  • uploads///Kohls rating
    Consumer

    Is Analyst Pessimism for Kohl’s Stock Increasing?

    Kohl’s stock has been seeing increased pessimism among analysts lately. Jefferies downgraded its rating for the stock yesterday, followed by Cowen today.

    By Shreerag Menon
  • uploads///Nordstrom credit card revenue
    Company & Industry Overviews

    Why Is Nordstrom Selling Its Profitable Credit Card Portfolio?

    Running a credit card division locks up some of a retailer’s capital and resources. Nordstrom’s credit card portfolio sale will let it focus on its core retail business.

    By Sirisha Bhogaraju
  • uploads///off price valuation
    Miscellaneous

    Why TJX is Trading at a Higher Valuation than Off-Price Peers?

    As of March 24, 2016, TJX Companies was trading at a 12-month forward PE ratio of 22.3x—higher than other off-price retailers in its peer group.

    By Sirisha Bhogaraju
  • uploads///store clothes clothing line
    Company & Industry Overviews

    Kohl’s Stock Fell 4.8% in the Last Trading Session

    Kohl’s (KSS) stock fell 4.8% on January 10. Investors were disappointed with the sales growth deceleration during the holiday season.

    By Victoria Dean
  • uploads///Macy ANR
    Miscellaneous

    Macy’s Stock: Why Do Most Analysts Rate It a ‘Hold’?

    On February 2, 2017, 19 out of 22 analysts covering Macy’s (M) stock had “hold” recommendations, and three analysts had “buy” recommendations.

    By Sirisha Bhogaraju
  • uploads///JCP Price
    Consumer

    How Wall Street Analysts View JCPenney before Its Fiscal 2Q17 Results

    On August 4, JCPenney (JCP) stock was rated “hold” by 14 of 23 analysts. JCP stock is rated “buy” by seven analysts and “sell” by two analysts.

    By Sirisha Bhogaraju
  • uploads///valuation
    Earnings Report

    Nordstrom’s Higher Valuations in 2015 Show Potential for Growth

    As of May 11, Nordstrom was trading at higher valuations compared to most of its peers in the department store and off-price retail categories.

    By Sirisha Bhogaraju
  • uploads///Macys Sales Trend
    Company & Industry Overviews

    Macy’s International Growth: Bloomingdale’s to Open in Kuwait

    Macy’s (M) is gearing up for further international expansion with its plan to open its first Bloomingdale’s store in Kuwait.

    By Sirisha Bhogaraju
  • uploads///Backstage
    Earnings Report

    Macy’s Reveals Expansion Plans for Off-Price Backstage Stores

    Macy’s entered the off-price retail space in September 2015 with the launch of three of its pilot Macy’s Backstage off-price stores.

    By Sirisha Bhogaraju
  • uploads///International plans
    Company & Industry Overviews

    International Expansion Plans for US Department Stores

    Macy’s opened its first international store under its Bloomingdale’s brand in Dubai in 2010. Nordstrom opened its first Canadian store in Calgary’s Chinook Centre in September 2014.

    By Sirisha Bhogaraju
  • uploads///Nordstrom rack store count
    Earnings Report

    Will Nordstrom’s Rack Stores Continue to Be a Key Growth Driver?

    In 2Q15, Nordstrom Rack store sales increased by 12.9% to $857 million from the comparable quarter of the previous year.

    By Sirisha Bhogaraju
  • uploads///Macys sales growth trend
    Company & Industry Overviews

    Weak Sales: Specific to Macy’s or Other Department Stores, Too?

    Macy’s (M) has missed consensus Wall Street sales estimates in each of the first three quarters of fiscal 2015, which will end January 30, 2016.

    By Sirisha Bhogaraju
  • uploads///KSS Stock Price
    Company & Industry Overviews

    Will Kohl’s New CEO Improve Its Performance?

    On September 26, Kohl’s (KSS) announced that Kevin Mansell, its chairman, CEO, and president, will retire in May 2018. Michelle Gass will be the next CEO.

    By Sirisha Bhogaraju
  • uploads///JWN ANR
    Consumer

    What Analysts Recommend for Nordstrom Stock

    The majority of the analysts have a “hold” rating for Nordstrom stock.

    By Sirisha Bhogaraju
  • uploads///JCP Annual Sales
    Earnings Report

    How Does JCPenney Plan to Seek Sales Growth in Fiscal 2017?

    JCPenney opened 61 new Sephora locations and operated 577 Sephora stores within JCPenney locations by the end of fiscal 2016. The company plans to open 70 new Sephora stores in fiscal 2017.

    By Sirisha Bhogaraju
  • Consumer

    Why now is the right time to introduce new tech with the iPhone 6

    The point you need to note here is that Apple isn’t the first player to bring NFC technology to the market. History suggests that Apple has waited for the technology to develop before entering into this space.

    By Puneet Sikka
  • uploads///consistent performance
    Earnings Report

    Will Growing Competition Impact TJX Companies’ 3Q16 Sales?

    The success of off-price retailers such as TJX Companies and Ross Stores (ROST) has been attracting many players to this space. In September 2015, Macy’s opened three off-price Macy’s Backstage stores in New York.

    By Sirisha Bhogaraju
  • uploads///valuation
    Company & Industry Overviews

    Nordstrom Trading at Higher Valuation than Department Store Peers

    Nordstrom is currently trading at a higher valuation than its department store peers Macy’s (M) and Kohl’s (KSS)

    By Sirisha Bhogaraju
  • uploads///Kohls
    Consumer

    Kohl’s Stock Rose 9% after Bank of America Upgraded Rating

    Kohl’s (NYSE:KSS) stock rose 9% on Wednesday. Bank of America upgraded its rating for the mid-tier department store chain.

    By Sirisha Bhogaraju
  • uploads///Macys update
    Consumer

    Macy’s Sees up to $1.11 Billion Q1 Loss, COVID-19 Hurts Sales

    Macy’s (NYSE:M) preliminary first-quarter results were announced today. The results reflected the impact of COVID-19 on retailers.

    By Sirisha Bhogaraju
  • uploads///kohls doom
    Consumer

    Kohl’s Q1 Results: Doom for Retailers amid COVID-19

    Kohl’s first-quarter net sales declined 43.5% YoY (year-over-year) to $2.16 billion. The company lagged analysts’ estimate of $2.18 billion.

    By Sirisha Bhogaraju
  • uploads///Macys
    Consumer

    Will Macy’s Survive COVID-19 or Sink Like JCPenney?

    COVID-19 might lead to doom for department store chains like Macy’s (NYSE:M) and JCPenney (NYSE:JCP). They struggled before the pandemic.

    By Sirisha Bhogaraju
  • uploads///JCPenney
    Consumer

    JCPenney: Is Bankruptcy the Only Option Left?

    Mid-tier department store chain JCPenney (NYSE:JCP) might file for bankruptcy. The news dragged the stock down by 26% as of 9:56 AM ET today.

    By Sirisha Bhogaraju
  • uploads///gap stock falls
    Company & Industry Overviews

    Gap Stock Falls, Withdraws Guidance and Halts Dividends

    Gap stock has fallen during the trading session today. The company announced that it will withdraw its guidance, halt its dividend, and cut expenses.

    By Sophia Nicholson
  • uploads///Walmart stock
    Consumer

    Should Investors Consider Buying Walmart Stock?

    Walmart (NYSE:WMT) stock has been rising despite the economic fallout amid the coronavirus outbreak. The stock has gained 11.4% this month.

    By Sophia Nicholson
  • uploads///Nordstrom
    Consumer

    Nordstrom Faces Rating Downgrade after Q4 Earnings

    Department store investors faced another setback. Nordstrom (NYSE:JWN) stock fell by 1.7% on Wednesday as Barclays downgraded it to “underweight.”

    By Sirisha Bhogaraju
  • uploads///Kohls
    Consumer

    Kohl’s Gets a Downgrade after Dismal Holiday Sales

    This week has been quite a nightmare for Kohl’s investors. Three companies lowered their ratings for the mid-tier department store chain.

    By Sirisha Bhogaraju
  • uploads///Shopify stock
    Technology & Communications

    Can Shopify Stock Rally after Touching New Highs?

    Shopify (SHOP) stock has generated stellar returns of around 194.7% on a YTD (year-to-date) basis as of December 27. The S&P 500 has risen about 29.3% YTD.

    By Sophia Nicholson
  • uploads///JCPenney
    Consumer

    Will JCPenney Recover or Sink Further in 2020?

    JCPenney (JCP) stock rose 9.6% this year. Investors were relieved when the store announced better-than-expected third-quarter results in November.

    By Sirisha Bhogaraju
  • uploads///AdobeStock__Editorial_Use_Only
    Consumer

    Should Investors Consider Macy’s for Its Dividend Yield?

    Based on its closing price of $15.48 on November 27, Macy’s stock has an attractive dividend yield of 9.8%. Here’s what investors should know about Macy’s.

    By Amit Singh
  • uploads///Macys
    Consumer

    Macy’s, Nordstrom, and Amazon Post Strong Holiday Sales

    Macy’s and Nordstrom stocks rose 2.6% and 1.8% on Thursday. Mastercard SpendingPulse reported a 3.4% rise in US retail sales during the holiday season.

    By Sirisha Bhogaraju
  • uploads///Macys
    Consumer

    Macy’s Stock: Why Goldman Sachs Sees More Downside

    On Monday, Goldman Sachs downgraded Macy’s (M) rating to “sell” from “neutral.” Goldman Sachs analyst Alexandra Walvis also lowered the target price.

    By Sirisha Bhogaraju
  • uploads///Nordstrom
    Consumer

    Did Nordstrom Turn the Tide with Its Q3 Earnings?

    Nordstrom’s third-quarter earnings drove a 10.6% rise in its stock on November 22. The company announced its earnings after the market close on November 21.

    By Sirisha Bhogaraju
  • uploads///Part
    Company & Industry Overviews

    Target’s Strengths and Weaknesses Are Balanced

    Target’s business model has been tested over several economic cycles. Even during the recession in 2008–2009, it managed to raise its dividend per share.

    By Phalguni Soni
  • uploads///Macys
    Consumer

    Will Macy’s Q3 Earnings Add to Investors’ Worries?

    Yesterday, Macy’s (M) stock fell 10.9% after department store peer Kohl’s (KSS) announced weak third-quarter results and shared a gloomy outlook.

    By Sirisha Bhogaraju
  • uploads///JCPenney
    Consumer

    JCPenney Stock Soars on Lower-than-Expected Q3 Loss

    Mid-tier department store chain JCPenney (JCP) impressed investors by reporting a lower-than-anticipated loss for the third quarter of fiscal 2019.

    By Sirisha Bhogaraju
  • uploads///Macys stock
    Consumer

    Macy’s Stock Fell More after Rating Downgrade

    Macy’s (M) stock fell 4.2% on October 18 after Credit Suisse downgraded its rating. Credit Suisse downgraded the rating to “underperform” from “neutral.”

    By Sirisha Bhogaraju
  • uploads///Macys stock
    Consumer

    Macy’s Stock: No Takers despite High Dividend Yield

    Macy’s (M) stock offers a stellar dividend yield of 9.8%. However, the company’s dividend yield is high due to the sharp decline in its stock price.

    By Amit Singh
  • uploads///Nordstrom
    Consumer

    Nordstrom Reports Strong Q2 Earnings, Stock Surges

    Nordstrom (JWN) stock was up 16% as of 11:50 AM today after it reported better-than-expected earnings for the second quarter of fiscal 2019.

    By Sirisha Bhogaraju
  • uploads///Kohls
    Consumer

    Kohl’s Stock Plunges after Mixed Q2 Results

    Kohl’s (KSS) stock was down 6.3% as of 12:35 PM ET today as the company lagged analysts’ sales forecast for the second quarter.

    By Sirisha Bhogaraju
  • uploads///Retail Tariffs
    Company & Industry Overviews

    Retail Stocks Crash as Trump Announces More Tariffs

    Retail stocks sank yesterday after Donald Trump tweeted that the US would impose a 10% tariff on $300 billion in Chinese imports, effective September 1.

    By Sirisha Bhogaraju
  • uploads///beverages _
    Company & Industry Overviews

    What Dragged Down the Consumer Sector Last Week

    Earnings season has almost wrapped up, with ~97% of S&P 500 companies having reported their Q1 2019 earnings so far.

    By Sushree Mohanty
  • uploads///clem onojeghuo CJtNSIOicD unsplash
    Consumer

    Nordstrom Stock Falls as Goldman Downgrades to ‘Sell’

    Nordstrom (JWN) stock was down 2.5% as of 1:11 PM ET today after Goldman Sachs downgraded its rating for the department store chain to “sell” from “neutral.”

    By Sirisha Bhogaraju
  • uploads///JWN Revenue Q
    Consumer

    Why Nordstrom’s Revenue Declined in the First Quarter

    Nordstrom (JWN) revenue (retail sales plus credit card revenue) fell 3.3% to $3.44 billion in the first quarter of fiscal 2019.

    By Sirisha Bhogaraju
  • uploads///tshirt _
    Consumer

    Will Nordstrom’s First-Quarter Results Help Its Stock Recover?

    Nordstrom (JWN) plans to announce its results for the first quarter of fiscal 2019 after the financial markets close on May 21.

    By Sirisha Bhogaraju
  • uploads///blur _
    Company & Industry Overviews

    Why KeyBanc Upgraded Nordstrom Stock

    Nordstrom (JWN) stock rose 1.7% on April 10 after KeyBanc upgraded its rating to an “overweight” from a “sector weight.”

    By Sirisha Bhogaraju
  • uploads///coat hangers _
    Consumer

    Nordstrom Posts Mixed Q4 Results, Gives Upbeat Earnings Outlook

    As of 8:36 AM, Nordstrom (JWN) had risen 2.0% today. The company announced mixed results for fiscal 2018’s fourth quarter after markets closed yesterday.

    By Sirisha Bhogaraju
  • uploads///doll _
    Consumer

    Key Takeaways from Macy’s Q4 and Fiscal 2018 Results

    Macy’s (M) stock rose 1.5% on February 26, the day the company announced its results for fiscal 2018 and the fourth quarter (ended February 2).

    By Sirisha Bhogaraju
  • uploads///macys new york _
    Consumer

    What’s Expected for Macy’s Fourth-Quarter Results

    Department store chain Macy’s (M) is set to announce its fiscal 2018 fourth-quarter results on February 26.

    By Sirisha Bhogaraju
  • uploads///KSS
    Consumer

    How Kohl’s PE Multiple Compares with Peers’

    On January 16, Kohl’s (KSS) 12-month forward PE ratio was 12.1x. Meanwhile, Nordstrom (JWN), Macy’s (M), and Dillard’s (DDS) have PE ratios of 12.1x, 7.3x, and 11.2x, respectively.

    By Victoria Dean
  • uploads///hanger _
    Consumer

    JCPenney Appoints New CEO, Stock Up 9.6% in After-Market Hours

    JCPenney stock rose 9.6% in after-hours trading on October 2 following the announcement that Jill Soltau will be the company’s new CEO.

    By Sirisha Bhogaraju
  • uploads///M Sales Chart
    Consumer

    Analysts and Macy’s Expected Sales in the Second Half of 2018

    Macy’s (M) raised its sales guidance for fiscal 2018 in August after improved performance in the first half of fiscal 2018.

    By Sirisha Bhogaraju
  • uploads///JWN Revenue Q
    Consumer

    Comparing Nordstrom’s Top-Line Growth with Peers’

    Nordstrom’s (JWN) revenue grew 6.7% to $7.6 billion in the first half of fiscal 2018. In the second quarter, which ended on August 4, the company’s revenue grew 7.2% on a year-over-year basis to $4.1 billion.

    By Sirisha Bhogaraju
  • uploads///fashion _
    Consumer

    How Analysts Reacted to Macy’s Fiscal Q2 2018 Results

    Macy’s (M) reported its Q2 results on August 15, beating expectations. Macy’s stock fell 15.9% on August 15 but rose 1.9% on August 16.

    By Sirisha Bhogaraju
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.