Nordstrom Inc (NYSE:JWN)
$ 24.22 0.01 (0.04%) Market Cap: 4.00 Bil Enterprise Value: 7.91 Bil PE Ratio: 15.42 PB Ratio: 4.04 GF Score: 64/100

Nordstrom Inc at Morgan Stanley Global Consumer and Retail Conference Transcript

Dec 06, 2022 / 03:15PM GMT
Release Date Price: $18.4 (-5.25%)
Alexandra Ann Straton
Morgan Stanley, Research Division - Research Associate

Great. Okay. Good morning, everybody. For those of you who don't know me, I'm Alex Straton, I'm the co-lead for branded apparel, footwear and softlines retail here at Morgan Stanley alongside Kimberly Greenberger. We're super pleased that you all joined us today for the first day of the conference. And we're equally delighted to have the Nordstrom management team, or some members of it at least, here today.

So starting with a quick overview of the company, Nordstrom is a leading fashion retailer with over 350 locations in the U.S. and Canada, including approximately 100 full-line Nordstrom stores, 7 Nordstrom Locals and 240 Nordstrom Rack locations. The company also serves customers through its dot-com businesses, so that's nordstrom.com nordstrom.ca, nordstromrack.com, and Trunk Club.

I'll first introduce Erik, Nordstrom's CEO. So Erik held a number of positions throughout the company during his time there, including EVP and President of nordstrom.com, and EVP and President of Stores before becoming Co

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot