Nordstrom Inc. (JWN) heads into its Q3 earnings release with strong Q2 results but facing challenges. This article analyzes Nordstrom’s performance, including sales growth, margin improvements, and inventory concerns, and explores how to invest in or bet against JWN stock.
Nordstrom shares are down Tuesday morning ahead of the company’s second-quarter earnings report. Analysts expect the company to report earnings per share of 71 cents on revenue of $3.896 billion. While Nordstrom exceeded sales expectations in the first quarter, its profitability fell short. This article explores factors to consider when deciding whether to buy Nordstrom stock, including its dividend, buyback program, and recent stock performance.
