Erik Nordstrom - Nordstrom Chief Executive Officer, Director

JWN Stock  USD 18.92  0.18  0.96%   

CEO

Mr. Erik B. Nordstrom is CoPresident and Director of Nordstrom, Inc. since May 2015. Mr. Nordstrom served as Executive Vice President and President, Nordstrom.com from May 2014 to May 2015. From February 2006 to May 2014, Mr. Nordstrom was Executive Vice President and President, Stores for the Company. From August 2000 to February 2006, he served as Executive Vice President, FullLine Stores. Mr. Nordstrom previously served as Executive Vice President and Northwest General Manager from February 2000 to August 2000, and as Co President of the Company from 1995 to February 2000. He has held various other management and sales positions of increasing responsibility since joining the Company in 1979. Mr. Nordstroms positions of increasing responsibility with the Company over more than 35 years, including executive and operational roles, give him a customercentric perspective in retailing and supporting the business of the Company. since 2020.
Age 60
Tenure 4 years
Address 1617 Sixth Avenue, Seattle, WA, United States, 98101
Phone206 628 2111
Webhttps://press.nordstrom.com

Erik Nordstrom Latest Insider Activity

Tracking and analyzing the buying and selling activities of Erik Nordstrom against Nordstrom stock is an integral part of due diligence when investing in Nordstrom. Erik Nordstrom insider activity provides valuable insight into whether Nordstrom is net buyers or sellers over its current business cycle. Note, Nordstrom insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nordstrom'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Nordstrom Management Efficiency

The company has Return on Asset of 0.0412 % which means that on every $100 spent on assets, it made $0.0412 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1689 %, implying that it generated $0.1689 on every 100 dollars invested. Nordstrom's management efficiency ratios could be used to measure how well Nordstrom manages its routine affairs as well as how well it operates its assets and liabilities. As of the 20th of April 2024, Return On Tangible Assets is likely to grow to 0.08. Also, Return On Capital Employed is likely to grow to 0.21. At this time, Nordstrom's Non Currrent Assets Other are very stable compared to the past year. As of the 20th of April 2024, Return On Tangible Assets is likely to grow to 0.08, while Total Assets are likely to drop about 5.6 B.
The company has 4.48 B in debt with debt to equity (D/E) ratio of 6.99, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Nordstrom has a current ratio of 0.99, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Nordstrom until it has trouble settling it off, either with new capital or with free cash flow. So, Nordstrom's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nordstrom sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nordstrom to invest in growth at high rates of return. When we think about Nordstrom's use of debt, we should always consider it together with cash and equity.

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Nordstrom, Inc., a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington. Nordstrom operates under Department Stores classification in the United States and is traded on New York Stock Exchange. It employs 72000 people. Nordstrom (JWN) is traded on New York Stock Exchange in USA. It is located in 1617 Sixth Avenue, Seattle, WA, United States, 98101 and employs 54,000 people. Nordstrom is listed under Department Stores category by Fama And French industry classification.

Management Performance

Nordstrom Leadership Team

Elected by the shareholders, the Nordstrom's board of directors comprises two types of representatives: Nordstrom inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nordstrom. The board's role is to monitor Nordstrom's management team and ensure that shareholders' interests are well served. Nordstrom's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nordstrom's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kelley Hall, Senior Vice President Chief Accounting Officer
Alexis DePree, Chief Supply Chain Officer
Robert Miller, Independent Director
Lisa Price, Chief Officer
Robert Walter, Independent Director
Michael Koppel, CFO and Executive VP
James Nordstrom, Executive Vice President and Presidentident - Nordstrom Direct
Catherine Smith, CFO Treasurer
James Howell, Principal Accounting Officer, Executive VP of Fin. and Treasurer
Peter Nordstrom, President, Chief Brand Officer, Director
Alison Winter, Independent Director
Christine DeputyOtt, Chief Human Resource Officer
Deniz Anders, Senior Officer
Enrique Hernandez, Independent Chairman of the Board
James Donald, Independent Director
Brad Smith, Independent Director
Philip Satre, Independent Director
Geevy Thomas, Executive Vice President and Presidentident - Nordstrom Rack
Bradley Tilden, Independent Director
Mark Tritton, Independent Director
Gemma Lionello, President Rack
Glenda McNeal, Independent Director
Scott Meden, Executive Vice President Chief Marketing Officer
Karen McKibbin, Executive Vice President and President Nordstrom Rack
Brian Turner, Independent Director
Phyllis Campbell, Independent Director
Ann Steines, General Counsel, Corporate Secretary
Michelle Ebanks, Independent Director
Kenneth Worzel, Executive VP of Strategy and Devel.
Heather Hollander, Head Relations
Kumar Srinivasan, CTO
Trina Schurman, Director - Investor Relations
Farrell Redwine, Chief Officer
Gordon Smith, Independent Director
Kirsten Green, Independent Director
Teri Bariquit, Chief Merchandising Officer
Shellye Archambeau, Independent Director
Amie Thuener, Director
Erik Nordstrom, Chief Executive Officer, Director
Tanya Domier, Independent Director
Daniel Little, CIO and Executive VP
Anne Bramman, Chief Financial Officer, Principal Accounting Officer
Robert Sari, Executive Vice President General Counsel, Secretary
Edmond Mesrobian, Chief Technology Officer
James Duies, Head Relations
Brian Dennehy, Executive Vice President Chief Marketing Officer
Blake Nordstrom, Co-Pres and Director
Michael Maher, Senior Vice President, Chief Accounting Officer
Christine Deputy, Executive Vice President Human Resources
Jason Morris, Chief Officer
Stacy Philpot, Independent Director

Nordstrom Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nordstrom a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Nordstrom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nordstrom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nordstrom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nordstrom Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nordstrom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in Nordstrom Stock, please use our How to Invest in Nordstrom guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Nordstrom's price analysis, check to measure Nordstrom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordstrom is operating at the current time. Most of Nordstrom's value examination focuses on studying past and present price action to predict the probability of Nordstrom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordstrom's price. Additionally, you may evaluate how the addition of Nordstrom to your portfolios can decrease your overall portfolio volatility.
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Is Nordstrom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordstrom. If investors know Nordstrom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordstrom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.098
Dividend Share
0.76
Earnings Share
0.82
Revenue Per Share
90.81
Quarterly Revenue Growth
0.023
The market value of Nordstrom is measured differently than its book value, which is the value of Nordstrom that is recorded on the company's balance sheet. Investors also form their own opinion of Nordstrom's value that differs from its market value or its book value, called intrinsic value, which is Nordstrom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordstrom's market value can be influenced by many factors that don't directly affect Nordstrom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordstrom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordstrom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordstrom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.