Nordstrom (JWN) to Release Quarterly Earnings on Thursday

Nordstrom (NYSE:JWN - Get Free Report) is expected to issue its Q1 2026 quarterly earnings data before the market opens on Thursday, May 29th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $3.40 billion for the quarter.

Nordstrom (NYSE:JWN - Get Free Report) last released its quarterly earnings data on Tuesday, March 4th. The specialty retailer reported $1.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.90 by $0.20. Nordstrom had a negative net margin of 1.57% and a negative return on equity of 18.04%. The firm had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.32 billion. On average, analysts expect Nordstrom to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Nordstrom Stock Up 0.1%

Shares of JWN traded up $0.04 during trading hours on Tuesday, reaching $24.68. 50,669,665 shares of the stock traded hands, compared to its average volume of 3,008,086. The company has a current ratio of 1.14, a quick ratio of 0.35 and a debt-to-equity ratio of 2.65. The stock has a fifty day simple moving average of $24.19 and a 200 day simple moving average of $23.99. Nordstrom has a 52 week low of $19.45 and a 52 week high of $24.99. The company has a market cap of $4.13 billion, a price-to-earnings ratio of 15.72 and a beta of 2.36.

Analyst Ratings Changes

A number of research analysts recently weighed in on JWN shares. Wall Street Zen started coverage on shares of Nordstrom in a research report on Sunday, May 18th. They set a "buy" rating on the stock. Citigroup reissued a "sell" rating and set a $22.00 price target (down from $25.00) on shares of Nordstrom in a research report on Friday, April 4th. Finally, Telsey Advisory Group reissued a "market perform" rating and set a $24.00 price target on shares of Nordstrom in a research report on Wednesday, March 5th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $22.80.

Institutional Investors Weigh In On Nordstrom

A number of hedge funds have recently made changes to their positions in the business. Empowered Funds LLC increased its stake in shares of Nordstrom by 10.8% in the first quarter. Empowered Funds LLC now owns 17,319 shares of the specialty retailer's stock worth $423,000 after buying an additional 1,686 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Nordstrom by 3.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 374,394 shares of the specialty retailer's stock worth $9,154,000 after buying an additional 13,767 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Nordstrom by 18.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 448,076 shares of the specialty retailer's stock worth $10,955,000 after buying an additional 69,517 shares during the period. Finally, Millennium Management LLC grew its position in shares of Nordstrom by 79.9% in the 1st quarter. Millennium Management LLC now owns 523,885 shares of the specialty retailer's stock worth $12,809,000 after buying an additional 232,638 shares during the period. 88.73% of the stock is currently owned by institutional investors.

Nordstrom Company Profile

Nordstrom, Inc, a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. It offers a range of brand-name and private-label merchandise through various channels, such as Nordstrom branded stores and online at Nordstrom.com; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores; Nordstrom Locals; ASOS; Nordstromrack.com; mobile application; and clearance stores under the Last Chance name.