On June 4, Bradley D Tilden, Director at Nordstrom (NYSE:JWN) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday unveiled that Tilden made a notable purchase of 15,862 shares of Nordstrom, valuing at $364,984.
In the Wednesday's morning session, Nordstrom's shares are currently trading at $22.32, experiencing a up of 0.13%.
About Nordstrom
Nordstrom is a fashion retailer that operates about 93 department stores and more than 260 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and seven Local locations. Nordstrom's largest merchandise categories are women's apparel (27% of 2023 sales), shoes (26% of 2023 sales), men's apparel (15% of 2023 sales), and beauty (13% of 2023 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.
Nordstrom: A Financial Overview
Decline in Revenue: Over the 3 months period, Nordstrom faced challenges, resulting in a decline of approximately -24.55% in revenue growth as of 30 April, 2024. This signifies a reduction ...