Nordstrom: Promising Sales Growth, But Margin Pressures Remain A Challenge
JWNNordstrom(JWN) Seeking Alpha·2024-06-10 00:33

JHVEPhoto Nordstrom (NYSE:JWN) is one of the largest apparel retailers in America. The company has been struggling to grow its sales in recent years. More recently its off-price business, Rack, has substantially outperformed the rest of the business, leading to mixed views over what this means for JWN going forward. Some analysts opine that in the current weak macroeconomic environment Rack will continue to grow and offers an opportunity for increased earnings growth at JWN. However, several other analysts ...