JWN Stock Sinks 19% as Nordstrom Cuts Guidance

10:10am, Wednesday, 24'th Aug 2022
Source: Jonathan Weiss / Shutterstock.com Nordstrom (NYSE: JWN ) stock is falling hard on Wednesday after the retailer released results for its second quarter of 2022. The most major news is a massive
Hopes that wealthy Americans would spend the U.S. economy out of trouble are being discarded like the unsold goods in Macy's and Nordstrom stores.
Among the things traders will have their eyes on Wednesday will be the reaction to earnings of Nordstrom and Intuit as shares rose in after-hours trading.
Nordstrom Inc became the latest retailer to lower its financial goals for the year, citing risks of a steeper economic downturn and slowdown in consumer spending in an after-hours release, joining
Nordstrom, Inc. (NYSE:JWN ) Q2 2022 Results Conference Call August 23, 2022 4:45 PM ET Company Participants Heather Hollander - Head, IR Erik Nordstrom - CEO Pete Nordstrom - President and Chief Brand
We've gone from robust gains off the June lows to a sort of holding pattern until late last week, when we pitched downward notably.
Nordstrom (JWN) delivered earnings and revenue surprises of 1.25% and 3.26%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

Nordstrom Warns Tougher Times Are Ahead

04:52pm, Tuesday, 23'rd Aug 2022
The department store lowered its full-year outlook. Rival Macy's slashed its guidance earlier Tuesday
Nordstrom Inc. stock fell more than 10% in the extended session Tuesday after the retailer beat expectations for its second quarter but called for lower sales and profit for the year, warning that foo
(Reuters) -Nordstrom Inc cuts its annual revenue and profit forecasts on Tuesday, a sign that decades-high inflation was squeezing consumer spending on its high-end clothing and footwear.
Macy's reports earnings before the market opens on Tuesday. Nordstrom weighs in after the close.

3 August Earnings Reports With 'Wow' Potential

07:23am, Monday, 22'nd Aug 2022
The summer fireworks are still popping in the U.S. equity markets. Here are three names reporting later this month that look primed to be prime time Q2 movers.
Nordstrom's (JWN) Q2 results are expected to reflect gains from strong demand, positive pricing, digital growth, compelling merchandise and lower markdowns amid higher freight and labor costs.

Why Retail Stocks Were Soaring Today

05:15pm, Tuesday, 16'th Aug 2022
Walmart set the tone for the rest of the retail sector.
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