Nordstrom Inc (NYSE:JWN)
$ 21.25 0.05 (0.24%) Market Cap: 3.47 Bil Enterprise Value: 7.32 Bil PE Ratio: 26.56 PB Ratio: 4.07 GF Score: 66/100

Nordstrom Inc at Cowen Virtual Department Store Summit Transcript

Jun 09, 2020 / 05:15PM GMT
Release Date Price: $21.23 (-9.89%)
Oliver Chen
Cowen and Company, LLC, Research Division - MD & Senior Equity Research Analyst

Hi. It's Oliver Chen. And we are thrilled to have Nordstrom here. In our view, Nordstrom is an iconic and modern retailer with what we view as the most advanced local market inventory strategy. This strategy drives speed, agility as well as an unmatched customer experience. Nordstrom is also one of the leading partners to brands as the company has stuck to its long-term goals of executing and redefining what it means to be customer-centric.

Erik Nordstrom is Nordstrom's CEO and a Director of the company. Mr. Nordstrom previously served as Co-President of Nordstrom and has been with the company for more than 35 years in both executive and operational roles.

Anne Bramman is Chief Financial Officer of Nordstrom. Ms. Bramman joined Nordstrom in 2017 from Avery Dennison Corporation where she served as a Senior Vice President and CFO since 2015. Additionally, she has previously held the CFO position at Carnival Cruise Lines and was the CFO of Henri Bendel, a subsidiary of L Brands.

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