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Sales at its off-price business, Nordstrom Rack, grew 3.9%. Analysts estimate Nordstrom's full-year fiscal 2024 sales at $14.5 billion, slightly more than the $14.2 billion last year.
Shareholders will receive $24.25 in cash for each share, a roughly 42% premium of the stock based on the price on March 18, 2024 when speculation about Nordstrom being taken private began. The ...
Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, or about $4 billion in all, representing a 42% premium on the company's stock as of March 18, when ...
Shares of Nordstrom (NYSE:JWN) traded slightly lower after the department store retailer reported holiday quarter numbers that were largely mixed. Broadly speaking, earnings were strong, while ...
The offer price, a hair above the current stock price, is a nearly 30% premium to where shares started the year at $17.78. In 2018, the company opted to reject the Nordstrom family's offer to take ...
On the heels of its second-quarter Source: Jonathan Weiss / Shutterstock.com earnings report last week, Nordstrom (NYSE:JWN) got a much-needed boost. The Nordstrom stock price swiftly went from ...
Before you buy stock in Nordstrom, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nordstrom wasn ...
However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40). Similarly, changes ...