Nordstrom Inc (JWN)
Gross profit margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 9,349,000 | 9,335,000 | 9,436,000 | 9,652,000 | 10,464,000 | 10,388,000 | 10,512,000 | 10,207,000 | 9,747,000 | 9,233,000 | 8,937,000 | 7,470,000 | 6,328,000 | 5,488,000 | 4,585,000 | 4,871,000 | 5,200,000 | 5,185,000 | 5,176,000 | 5,265,000 |
| Revenue (ttm) | US$ in thousands | 14,693,000 | 14,592,000 | 14,818,000 | 15,141,000 | 15,529,000 | 15,696,000 | 15,787,000 | 15,349,000 | 14,789,000 | 13,948,000 | 13,400,000 | 11,605,000 | 10,715,000 | 11,607,000 | 12,190,000 | 14,200,000 | 15,524,000 | 15,470,000 | 15,546,000 | 15,741,000 |
| Gross profit margin | 63.63% | 63.97% | 63.68% | 63.75% | 67.38% | 66.18% | 66.59% | 66.50% | 65.91% | 66.20% | 66.69% | 64.37% | 59.06% | 47.28% | 37.61% | 34.30% | 33.50% | 33.52% | 33.29% | 33.45% |
February 3, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $9,349,000K ÷ $14,693,000K
= 63.63%
Nordstrom Inc's gross profit margin has shown a fluctuating trend over the past few quarters. The company's gross profit margin ranged from a low of 33.29% in May 2019 to a high of 67.38% in January 2023. The most recent data available, as of February 3, 2024, indicates a gross profit margin of 63.63%.
The overall trend suggests that Nordstrom has been able to maintain relatively high gross profit margins, indicating efficient cost management and pricing strategies. However, there have been periods of decline in gross profit margin, such as in the first quarter of 2021 when it dropped to 47.28% before recovering in subsequent quarters.
It is essential for investors and analysts to monitor Nordstrom's ability to sustain its gross profit margins over time, as fluctuations could impact the company's profitability and competitiveness in the retail industry. Additional analysis, such as comparing Nordstrom's gross profit margin to industry peers and historical performance, can provide further insights into the company's financial health.
Peer comparison
Feb 3, 2024