Why Nordstrom Stock Plunged Today

09:05pm, Wednesday, 24'th Nov 2021 The Motley Fool
The retailer is underperforming its peers.
The S&P 500 consumer discretionary sector index rose after data showed U.S. consumer spending increased more than expected in October. The so-called core PCE price index, the Federal Reserve''s preferred inflation measure, also accelerated in October.

Does the Ord in Nordstrom Now Stand for Ordinary?

08:56pm, Wednesday, 24'th Nov 2021 PYMNTS
Its a bad day to be Nordstrom. Beyond the 30% single-day drop in its stock, the Seattle-based operator of 100 flagship luxury department stores has found itself facing a range of real-world problems, most of which have nothing to do with any change in the unmatched buying power of its elite clientele. Within retail circles, []

Here Are Reasons Why Nordstrom Inc. (NYSE: JWN) Is A Great Choice Now

04:00pm, Wednesday, 24'th Nov 2021 Stocks Register
The trading price of Nordstrom Inc. (NYSE:JWN) closed lower on Tuesday, November 23, closing at $31.93, -1.21% lower than its previous close. >> 7 Top Picks for the Post-Pandemic Economy

Nordstrom registers $64m in earnings for third quarter of FY21

03:55pm, Wednesday, 24'th Nov 2021 Retail Insight Network
US-based luxury department store chain Nordstrom has posted strong results for the third quarter (Q3) of this year (FY21), with Read More... The post Nordstrom registers $64m in earnings for third quarter of FY21 appeared first on Verdict Retail .
NEW YORK, Nov. 24, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PTN, WISH, JWN, APVO, and BNGO. To see how InvestorsObserver''s proprietary scoring system rates these stocks, view the InvestorsObserver''s PriceWatch Alert by selecting the corresponding link.

Credit Suisse Group Cuts Nordstrom (NYSE:JWN) Price Target to $26.00

03:50pm, Wednesday, 24'th Nov 2021 Dakota Financial News
Nordstrom (NYSE:JWN) had its price objective lowered by analysts at Credit Suisse Group from $34.00 to $26.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has a neutral rating on the specialty retailers stock. Credit Suisse Groups target price suggests a potential downside of 18.57% from the stocks current price. A []

Gap, Nordstrom earnings drag clothing retail sector down

03:46pm, Wednesday, 24'th Nov 2021 Seeking Alpha

Nordstrom Still Looking to Recapture Pre-Pandemic Glory

03:40pm, Wednesday, 24'th Nov 2021 PYMNTS
Nordstrom, Inc. executives know they have to make changes to bring customers back and return to the profitability of 2019, before the COVID-19 pandemic transformed the way people shop. During its third-quarter earnings call on Tuesday (Nov. 23), the retailer said it''s still trying to do better with that. We have long benefited from a []
Next week brings Thanksgiving, as well as Black Friday, one of the busiest shopping events of the year.

Retail Stocks: What''s Going On With JWN, GPS and GES Today?

03:03pm, Wednesday, 24'th Nov 2021 InvestorPlace
Retail stocks are on the move today and we''re diving into the recent news that has some of them falling and another rising on Wednesday!
Nordstrom shoppers in Chicago. Scott Olson/Getty Images
https://www.investing.com/news/stock-market-news/nordstrom-gap-plunge-with-street-worried-about-rivals-chipping-away-share-2689315
While the upscale retailer backed its fiscal-year sales outlook, CEO Erik Nordstrom said "when we look across the landscape, we need to deliver more."

Retailers are feeling the pressure after earnings

01:44pm, Wednesday, 24'th Nov 2021
Jon Najarian and Joe Terranova join 'Halftime Report' to discuss their outlooks for retail names like TJX, Gap and Nordstrom.
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