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Nordstrom (JWN) on Track With Long-Term Plans: Apt to Hold?
JWNNordstrom(JWN) ZACKS·2024-06-24 23:00

The company is benefiting from increased emphasis on Nordstrom Rack. Management remains focused on enhancing customer experience, improving the Nordstrom Rack performance, increasing inventory productivity and progressing on supply-chain optimization initiatives. The company is confident about the strength of brands, and the ability to drive profitable growth and deliver long-term value to shareholders. Shares of this Zacks Rank #3 (Hold) company have gained 12.6% in the past three months compared with the ...