JWN Latest Report

Key Financial Data

1. Nordstrom's total operating revenue on February 1, 2025 was $4.323 billion, indicating its sales performance in the retail market.

2. According to the 2024 Q3 report, Nordstrom's operating revenue was $10.692 billion, showing its ongoing operating ability.

3. The total comparable sales growth in 2024 was 4.7%, indicating potential growth capacity.

4. Meanwhile, Nordstrom's fourth-quarter revenue in 2024 was $4.32 billion, down 2.3% YoY, reflecting the pressure of market competition.

5. In terms of promotions, Nordstrom's anniversary promotion activities had a total sales decline of 5% compared to 2022, but inventory turnover increased by 15%.

Peer Comparison

1. Industry-wide analysis: The challenges faced by the retail industry in 2025 include intensified competition online and offline and changes in consumer behavior, affecting the operating revenue of many retailers, but some companies achieved growth through innovation and digital transformation. The total retail sales of consumer goods are expected to grow by 5%.

2. Peer evaluation analysis: Nordstrom's operating revenue performance is relatively flat, with its net sales and same-store sales of its core business only growing by 0.9% compared to other retailers. Its market competitiveness needs further assessment in the context of high inflation and weak consumer spending.

Summary

Nordstrom's total operating revenue fluctuated in 2025, reflecting the intensified market competition and changes in consumer behavior. Although the company showed a certain growth potential in certain product categories, the downward trend in overall revenue suggests the challenges of the market environment.

Opportunities

1. With the popularity of online shopping, Nordstrom can further optimize its e-commerce platform and enhance user experience.

2. The optimization of product mix and the launch of new products can help the company better meet consumer needs and potentially drive sales growth.

3. Expanding Nordstrom Rack stores can increase brand coverage and convenience, attracting more customers.

Risks

1. Intensified market competition may lead Nordstrom to lose market share, affecting its operating revenue.

2. Uncertainties in the macro economy, such as high inflation and declining consumer confidence, may further suppress consumer spending.

3. Nordstrom's promotional activities may not be effective, affecting sales and inventory turnover efficiency.