|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||26.25 - 26.90|
|52-week range||17.41 - 34.37|
|PE ratio (TTM)||11.68|
|Earnings date||27 Feb 2018|
|Forward dividend & yield||1.51 (5.83%)|
|1y target est||26.00|
Promising holiday sales numbers have not only helped the industry rally 13.5% in a month but also outperformed the S&P 500's growth of 3.5%.
Where Nordstrom Stands Post-Holiday: Trying Again to Go Private? Nordstrom’s (JWN) off-price business is comprised of Nordstrom Rack, Nordstromrack.com, and HauteLook. The company’s full-line business consists of its namesake full-line stores and Nordstrom.com.
U.S. retail sales rose for the fourth straight month in December, as people continued the shopping spree. But does the sector promises a safe bet for 2018?
Nearly 20% of Macy's income for fiscal 2017 will come from asset sale gains -- but that doesn't mean its profitability is unsustainable.
While it was a successful holiday season for the retail sector, the bullish rally could be short lived.
Like most of its department store peers, Nordstrom got comp sales growing again during the holiday period. Yet the company still isn't performing up to its full potential.
Macy’s has shuddered three stores in California, resulting in hundreds of layoffs, part of a brick-and-mortar reorganization.
Macy's (M) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
The Zacks Analyst Blog Highlights: Macy???s, Target, SS&C Technologies, Intuitive Surgical and Brighthouse Financial
Target’s (TGT) sales for the key holiday season exceeded expectations. It reported a 3.4% rise in comparable-store sales (or comps) for the combined November-December 2017 period compared to its earlier estimate of 0%–2% growth. Target’s sales remained positive across all its core product categories, including Apparel, Home, Food & Beverage, Essentials, and Hardlines.
The New Year has been dominated by cryptocurrencies and blockchain technology, with unlikely companies such as Kodak (KODK) jumping on the bandwagon after announcing its new KODAKCoin and KODAKOne platform.
Retailers had a great holiday season in 2017 with a 4.9% YoY (year-over-year) jump in holiday sales (excluding automobiles) between November 1 and December 24, 2017, according to MasterCard SpendingPulse. Holiday sales recorded the highest year-over-year increase in sales since 2011. Sales numbers outperformed the National Retail Federation’s projection of a 3.6%–4% jump (excluding automobiles, gasoline, and restaurants) and eMarketer’s forecast of a 3.1% rise.
Shares of several major U.S. retail chains surged on Wednesday, including Sears (SHLD), Macy's (M), Kohl's (KSS) and Target (TGT).
Kohl’s (KSS) impressive same-store sales growth of 6.9% during the 2017 holiday season was better than the growth rates of Macy’s (M) and JCPenney (JCP). On January 4, Macy’s and JCPenney reported same-store sales growth of 1.0% and 3.4%, respectively, for the 2017 holiday season.