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Nordstrom Reports Third Quarter 2021 Earnings

09:05pm, Tuesday, 23'rd Nov 2021 Business Insider Markets
SEATTLE, Nov. 23, 2021 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported third quarter net earnings of $64 million or $0.39 per diluted share, with earnings before interest and taxes ("EBIT") of
Nordstrom shares sold off more than -20% after hours Tuesday, and The Gap was -15% on misses in both retailers' Q3 results.

Nordstrom (JWN) Misses Q3 Earnings Estimates

07:09pm, Tuesday, 23'rd Nov 2021
Nordstrom (JWN) delivered earnings and revenue surprises of -30.36% and 2.86%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?
Supply-chain problems pose problems for retailers unable to get enough merchandise as customers visit physical stores again.
The market had mixed results during the regular session.
Nordstrom Inc (NYSE: JWN) reported better-than-expected sales for its fiscal third quarter on Tuesday. Shares, however, tanked more than 20% in after-hours trading as earnings fell shy of estimates.
Dana Telsey, CEO of Telsey Advisory Group, joins 'Closing Bell' to discuss Nordstrom and Gap earnings. She says there needs to be more work done to bring these companies back up.
Nordstrom Inc. stock dropped more than 20% in extended trading Tuesday after the retailer reported mixed quarterly results and said it needs to “move faster” to grow market share amid rising expen
Nordstrom Inc missed estimates for quarterly profit on Tuesday and signaled supply-related problems at its off-price stores heading into the holiday season, sending its shares down 18% in extended tra
Nordstrom earnings fell short of analysts' expectations as labor costs ate into profits and sales struggled to return to pre-pandemic levels.

Nordstrom, Inc. (NYSE:JWN) Position Boosted by First Trust Advisors LP

10:00am, Tuesday, 23'rd Nov 2021 Transcript Daily
First Trust Advisors LP lifted its stake in shares of Nordstrom, Inc. (NYSE:JWN) by 13.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,027 shares of the specialty retailer’s stock after purchasing an additional 1,673 shares during the period. First Trust Advisors LP’s holdings in […]
At least 20 people were involved in a burglary Monday night at the Nordstrom department store at The Grove retail complex in Los Angeles, CNN affiliate KCAL/KCBS reported, citing the Los Angeles Police Department.
In downtown Walnut Creek, many shoppers are feeling anxiety and tension after a swarm of 50 to 80 thieves targeted the high-end Nordstrom store over the weekend. The city is ramping up police and closing off a key street to traffic in hopes of preventing any more retail robberies.

Nordstrom Q3 2022 Earnings Preview

10:35pm, Monday, 22'nd Nov 2021 Seeking Alpha
A day after the lootings into several high-end stores in San Franciscos Union Square, Walnut Creek Area witnessed large-scale theft of around 50-80 gangsters on Saturday night, Nov. 20. Wearing ski masks and wielding crowbars, the gangster group rummaged Nordstroms high-end department store at the Broadway Plaza outdoor mall in Walnut Creek. In a massive []
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