Nordstrom, Inc.


SKU: JWN-1 Category:


Nordstrom, Inc.: E-Commerce Evolution, A New Digital Marketplace Platform 


Nordstrom delivered strong top-line growth in Q1 2024, exceeding the company’s revenue expectations, with a net income of $3.2 billion, and a net loss of $0.24 per share. The company performed well with net sales growth in excess of 5%, with double-digit growth at Nordstrom Rack, and positive contributions from Nordstrom banner stores, along with improvement in the company’s digital business. This surge was driven partly by year-over-year increases in customers and purchase trips. Nordstrom maintained a positive inventory spread, with effective management contributing to its end of quarter outcome. Moreover, sales to Nordstrom’s Club members experienced significant growth.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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