Nordstrom, Inc.
Explore Nordstrom
Core profile pages, annual revenue records, and related research hubs for this company.
Nordstrom, Inc.
Explore Nordstrom
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$15.016B
Net Income
$294M
Employees
55,000
Nordstrom's last public annual report before privatization showed FY2024 total revenues of $15.016 billion, net sales of $14.557 billion, and net earnings of $294 million. Net earnings were 2.0% of net sales, reflecting the thin economics of full-line department-store retail even when the business is profitable. The company also reported $593 million of adjusted EBIT and $1.109 billion of adjusted EBITDA for FY2024. Those figures help explain the privatization logic: public investors valued the company at a discounted retail multiple, while the Nordstrom family and Liverpool were willing to own a long-cycle service and off-price retail business outside quarterly-market pressure. Nordstrom is no longer a public equity story. The relevant metrics now are operating disclosure from private owners, store productivity, Rack growth, merchandise relevance, digital conversion, loyalty economics, and whether the service model can defend premium margins.
Revenue Trend Analysis
YoY Change
+2.2%
2-Year CAGR
-1.7%
Peak Year
2022
Trend
Mostly Growing
Nordstrom, Inc. has reported revenue across 3 fiscal years, compounding at -1.7% annually over 2 years. The most recent year saw a 2.2% increase versus the prior year. Revenue peaked in 2022 at $15.5B. Out of 2 reported periods, 1 showed growth and 1 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $15.0B | $294M | +2.2% |
| FY2023 | $14.7B | $134M | -5.4% |
| FY2022 | $15.5B | $245M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Nordstrom reported $15.016B in FY2024 total revenues and $14.557B in net sales.
Yes. Nordstrom reported FY2024 net earnings of $294M.
Nordstrom employed approximately 55,000 people as of February 1, 2025.
Nordstrom is private. The Nordstrom family and El Puerto de Liverpool completed their acquisition on May 20, 2025, and the stock was delisted from the NYSE on May 21, 2025.
Erik Nordstrom and Pete Nordstrom lead Nordstrom as co-CEOs after the 2025 privatization.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Nordstrom, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/nordstrom/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Nordstrom, Inc. reported $15B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/nordstrom/financials" target="_blank" rel="noopener">CorpDigest — Nordstrom, Inc. financials</a></div>