Nordstrom, Inc.
Compare market positioning with top industry peers
Explore Nordstrom
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$15.016B
Market Cap
$3.2B
Net Income
$294M
Employees
60,000
Nordstrom is executing a defensive, fraught strategy to remain relevant in a polarized retail landscape. Under CEO Erik Nordstrom, the legacy department store generated exactly $14.6 billion in revenue and maintains a $3.2 billion market cap with exactly 60000 employees. The financial narrative in 2026 is entirely defined by off-price expansion; accepting the structural decline of anchor malls, Nordstrom extracts fragile profitability by furiously expanding its lucrative Nordstrom Rack division to capture increasingly desperate, price-sensitive middle-class shoppers.
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, Inc. reported approximately $14.6B in fiscal year 2024 with a team of 60,000 employees worldwide.
Nordstrom, Inc. strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Department Store Retail is driven by steady cash generation and pricing power, enabling Nordstrom, Inc. to reinvest in high-return strategic initiatives.
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>