Best Growth Companies To Watch For 2015: Nordstrom Inc.(JWN)
Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It offers a selection of brand name and private label merchandise. The company sells its products through various channels, including Nordstrom full-line stores, off-price Nordstrom Rack stores, Jeffrey? boutiques, treasure & bond, and Last Chance clearance stores; and its online store, nordstrom.com, as well as through catalog. Nordstrom also provides a private label card, two Nordstrom VISA credit cards, and a debit card for Nordstrom purchases. The company?s credit and debit cards feature a shopping-based loyalty program. As of September 30, 2011, it operated 222 stores, including 117 full-line stores, 101 Nordstrom Racks, 2 Jeffrey boutiques, 1 treasure & bond store, and 1 clearance store in 30 states. The company was founded in 1901 and is based in Seattle, Washington.
Advisors' Opinion:- [By Will Ashworth]
In the same period, Nordstrom (JWN) has seen net income increase by 83% on a 46% jump in revenue. True, Nordstrom is luxury while Kohl’s isn’t, but Mansell has a lot of work regardless to do if he wants Kohls to even be in the same league as Nordstrom from an operational standpoint.
- [By Casey Kelly-Barton]
Wet Seal (NASDAQ: WTSL ) earned raves last year in the press and the disability community for its ads featuring 17-year-old Karrie Brown, an aspiring model who has Down syndrome. Target (NYSE: TGT ) and Nordstrom (NYSE: JWN ) both featured a 6-year-old with Down syndrome named Ryan in their catalogs without any fanfare, but shoppers and parents noticed and appreciated it.
- [By Laura Brodbeck]
Thursday
Earnings Expected From: Applied Materials, Inc. (NASDAQ: AMAT), CGI Group, Inc. (NYSE: GIB), Kohls Corporation (NYSE: KSS), Nordstrom, Inc,! (NYSE: JWN), Wal-Mart Stores, Inc. (NYSE: WMT) Economic Releases Expected: French GDP, German GDP, Italian GDP, British retails sales, eurozone GDP, Greek unemployment rateFriday
- [By Monica Gerson]
Nordstrom (NYSE: JWN) shares jumped 10.75% to $68.10 in pre-market trading as the company reported upbeat first-quarter results. Nordstrom posted a quarterly profit of $0.72 per share on revenue of $2.93 billion. However, analysts were expecting a profit of $0.68 per share on revenue of $2.86 billion. Analysts at Credit Suisse upgraded Nordstrom from Neutral to Outperform.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-growth-companies-to-watch-for-2015.html
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