Geevy Thomas - Nordstrom President
JWN Stock | USD 24.62 0.28 1.12% |
President
Mr. Geevy S. K. Thomas is President Nordstrom Rack of the Company effective March 2018. Mr. Thomas previously served as Chief Innovation Officer since January 2017. From 2010 to 2017, he served as Executive Vice President and President, Nordstrom Rack. He previously served as Executive Vice President and South Regional Manager from November 2001 to February 2010, as Executive Vice President and General Merchandise Manager, FullLine Stores from February 2001 to November 2001, and as Executive Vice President, FullLine Stores and Director of Merchandising Strategy from February 2000 to February 2001. Prior to February 2000, he held various merchandise strategy, store and regional management positions with the Company. since 2018.
Age | 55 |
Tenure | 6 years |
Address | 1617 Sixth Avenue, Seattle, WA, United States, 98101 |
Phone | 206 628 2111 |
Web | https://press.nordstrom.com |
Nordstrom Management Efficiency
The company has Return on Asset of 0.0393 % which means that on every $100 spent on assets, it made $0.0393 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3502 %, implying that it generated $0.3502 on every 100 dollars invested. Nordstrom's management efficiency ratios could be used to measure how well Nordstrom manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.08. Also, Return On Capital Employed is likely to grow to 0.21. At this time, Nordstrom's Non Currrent Assets Other are very stable compared to the past year. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.08, while Total Assets are likely to drop about 5.6 B.Similar Executives
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Management Performance
Return On Equity | 0.35 | ||||
Return On Asset | 0.0393 |
Nordstrom Leadership Team
Elected by the shareholders, the Nordstrom's board of directors comprises two types of representatives: Nordstrom inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nordstrom. The board's role is to monitor Nordstrom's management team and ensure that shareholders' interests are well served. Nordstrom's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nordstrom's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kenneth Worzel, Executive VP of Strategy and Devel. | ||
Heather Hollander, Head Relations | ||
Alexis DePree, Chief Supply Chain Officer | ||
Farrell Redwine, Chief Officer | ||
Lisa Price, Chief Officer | ||
James Nordstrom, Executive Vice President and Presidentident - Nordstrom Direct | ||
Catherine Smith, CFO Treasurer | ||
Kirsten Green, Independent Director | ||
Teri Bariquit, Chief Merchandising Officer | ||
Peter Nordstrom, President, Chief Brand Officer, Director | ||
Deniz Anders, Senior Officer | ||
Shellye Archambeau, Independent Director | ||
James Donald, Independent Director | ||
Amie Thuener, Director | ||
Erik Nordstrom, Chief Executive Officer, Director | ||
Brad Smith, Independent Director | ||
Tanya Domier, Independent Director | ||
Anne Bramman, Chief Financial Officer, Principal Accounting Officer | ||
Geevy Thomas, Executive Vice President and Presidentident - Nordstrom Rack | ||
Bradley Tilden, Independent Director | ||
Edmond Mesrobian, Chief Technology Officer | ||
Mark Tritton, Independent Director | ||
Gemma Lionello, President Rack | ||
James Duies, Head Relations | ||
Catherine CPA, CFO Treasurer | ||
Glenda McNeal, Independent Director | ||
Scott Meden, Executive Vice President Chief Marketing Officer | ||
Michael Maher, Senior Vice President, Chief Accounting Officer | ||
Christine Deputy, Executive Vice President Human Resources | ||
Jason Morris, Chief Officer | ||
Stacy Philpot, Independent Director | ||
Ann Steines, General Counsel, Corporate Secretary |
Nordstrom Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nordstrom a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.35 | ||||
Return On Asset | 0.0393 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 7.37 B | ||||
Shares Outstanding | 164.21 M | ||||
Shares Owned By Insiders | 43.19 % | ||||
Shares Owned By Institutions | 51.56 % | ||||
Number Of Shares Shorted | 11.37 M | ||||
Price To Earning | 8.37 X |
Pair Trading with Nordstrom
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nordstrom position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nordstrom will appreciate offsetting losses from the drop in the long position's value.Moving against Nordstrom Stock
The ability to find closely correlated positions to Nordstrom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nordstrom when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nordstrom - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nordstrom to buy it.
The correlation of Nordstrom is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nordstrom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nordstrom moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nordstrom can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nordstrom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Nordstrom Stock, please use our How to Invest in Nordstrom guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordstrom. If investors know Nordstrom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordstrom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 0.76 | Earnings Share 1.73 | Revenue Per Share 91.863 | Quarterly Revenue Growth 0.032 |
The market value of Nordstrom is measured differently than its book value, which is the value of Nordstrom that is recorded on the company's balance sheet. Investors also form their own opinion of Nordstrom's value that differs from its market value or its book value, called intrinsic value, which is Nordstrom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordstrom's market value can be influenced by many factors that don't directly affect Nordstrom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordstrom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordstrom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordstrom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.