Nordstrom is among the world’s largest Department Stores sector businesses in the world. Nordstrom’s employees generate $703.6M in profits on $8.727B of revenue. Global output in the Department Stores business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Nordstrom is determined to remain a market leader. Sectoral leadership in the Department Stores segment takes dedication and consistency, but management seeks out-sized growth.
Nordstrom’s ticker symbol JWN has recently been trading near $50.63 a share. The Nordstrom corporate headquarters in Seattle WA predicts Department Stores profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $12.769B ensures sufficient liquidity. With a beta of 1.71, the company is more volatile than the market as a whole. When the average equity moves higher, Nordstrom moves more aggressively.
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