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Nordstrom Inc
Tax Provision
Nordstrom Inc
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Nordstrom Inc
NYSE:JWN
|
Tax Provision
-$100m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
11%
|
CAGR 10-Years
14%
|
||
Macy's Inc
NYSE:M
|
Tax Provision
-$56m
|
CAGR 3-Years
46%
|
CAGR 5-Years
28%
|
CAGR 10-Years
24%
|
||
Dillard's Inc
NYSE:DDS
|
Tax Provision
-$147.3m
|
CAGR 3-Years
9%
|
CAGR 5-Years
-39%
|
CAGR 10-Years
2%
|
||
Kohls Corp
NYSE:KSS
|
Tax Provision
-$32m
|
CAGR 3-Years
31%
|
CAGR 5-Years
32%
|
CAGR 10-Years
24%
|
Nordstrom Inc
Glance View
Founded in 1901 as a modest shoe store in Seattle, Nordstrom Inc. has evolved into an iconic presence in the upscale retail landscape. Initially driven by a commitment to exceptional service and quality, the company blossomed into one of the most respected names in department store retailing. Over the decades, Nordstrom expanded its offerings beyond shoes to include a broad array of clothing, accessories, beauty products, and home goods. Known for its impeccable customer service, a hallmark that distinguishes it in the competitive retail sector, Nordstrom has always prioritized a personalized shopping experience, both in its brick-and-mortar stores and online platforms. This focus on customer engagement and satisfaction is embedded deeply in its operational strategy, ensuring the company's reputation remains strong amidst retail's shifting sands. Nordstrom generates revenue primarily through the sale of its high-end merchandise, which is meticulously curated to appeal to its target demographic—customers who value style and quality. The company's business model hinges on a combination of direct sales through their department stores, online commerce, and their off-price outlets, Nordstrom Rack. By diversifying their retail channels, Nordstrom has managed to capture a broader audience, offering both luxury and more budget-friendly options without diluting its brand integrity. Additionally, Nordstrom leverages its customer loyalty programs, such as The Nordy Club, to deepen customer relationships and encourage repeat purchases, thus driving steady revenue growth. By seamlessly integrating their digital and physical shopping experiences, Nordstrom not only adapts to evolving consumer habits but thrives as a modern retailer, maintaining its esteemed position in the industry.
See Also
What is Nordstrom Inc's Tax Provision?
Tax Provision
-100m
USD
Based on the financial report for Nov 2, 2024, Nordstrom Inc's Tax Provision amounts to -100m USD.
What is Nordstrom Inc's Tax Provision growth rate?
Tax Provision CAGR 10Y
14%