The retailer's crystal ball has been on the fritz lately, and it's paying the price.
News & Analysis: Nordstrom
Shares of the department store chain slumped after it badly missed the mark in its first-quarter earnings report.
The upscale retailer whiffed on its sales and earnings targets last quarter and slashed its full-year guidance, but Nordstrom stock still looks like a bargain.
JWN earnings call for the period ending May 4, 2019.
An attractive entertainment is apparently still on the block, plus two retailers report quarterly earnings.
The upscale retailer expects to react much more forcefully to restore growth.
The department store's earnings probably fell last quarter -- can the company give investors confidence that better times are coming soon?
An entertainment company, an automaker, and a retailer are all set to make moves this month.
After a successful pilot in Los Angeles, Nordstrom is bringing its small-format service hubs to two locations in Manhattan this fall.
The longer Nordstrom stock stays down, the more of an impact Nordstrom's aggressive capital return program will have.