NORDSTROM INC

nordstrom.com

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2024 10-K, filed Mar 21, 2025. Its latest SEC filing is a 15-12G from Jun 2, 2025.

The sections below describe the company as of the FY2024 annual report.

What Did They Do?

Sells third-party and private-brand apparel, shoes and home goods to shoppers through Nordstrom and Nordstrom Rack stores and online.

How Did They Make Money?

Customers buy merchandise through stores and online; Nordstrom counts merchandise sales when orders ship and earns commission fees on Marketplace sales.

FY2024 revenue

Who Were Their Customers?

Shoppers buy directly through Nordstrom and Nordstrom Rack stores, websites and apps; for some online orders, vendors ship merchandise directly to customers.

Did Revenues Turn Into Profits?

Yes. It kept 2 cents of every revenue dollar as net income in FY2024.

Net income, FY2024

2% of revenue

▲ +119% vs FY2023 ($134M, 1%)

How Were They Changing?

Since the FY2024 annual report

May 20, 2025 Nordstrom was acquired by its family and Liverpool The all-cash acquisition closed, and Nordstrom shares were delisted from the NYSE.

Grew. Revenue grew 40% in 4 years, from $10.7B in FY2020 to $15B in FY2024, about 9% a year.

Exit from Canada The older report listed Canadian Nordstrom locations and a Canadian website; the latest report says Nordstrom Canada began winding down its business.

Digital Marketplace The latest report describes Nordstrom.com’s digital Marketplace, which expands the online assortment with products Nordstrom does not own.

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