Nordstrom Inc (JWN)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,620,000 | 6,932,000 | 7,229,000 | 6,976,000 | 8,040,000 | 6,433,000 | 7,400,000 | 7,313,000 | 6,699,000 | 6,818,000 | 7,231,000 | 7,330,000 | 8,045,000 | 8,043,000 | 7,846,000 | 7,832,000 | 7,322,000 | 8,722,000 | 7,277,000 | 8,460,000 |
| Revenue (ttm) | US$ in thousands | 15,016,000 | 15,113,000 | 16,069,000 | 15,495,000 | 15,480,000 | 14,832,000 | 14,184,000 | 14,045,000 | 13,906,000 | 14,453,000 | 15,000,000 | 15,365,000 | 15,730,000 | 15,506,000 | 15,282,000 | 15,305,000 | 16,245,000 | 16,636,000 | 16,178,000 | 16,246,000 |
| Gross profit margin | 37.43% | 45.87% | 44.99% | 45.02% | 51.94% | 43.37% | 52.17% | 52.07% | 48.17% | 47.17% | 48.21% | 47.71% | 51.14% | 51.87% | 51.34% | 51.17% | 45.07% | 52.43% | 44.98% | 52.07% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,620,000K ÷ $15,016,000K
= 37.43%
Nordstrom Inc's gross profit margin has displayed some fluctuations over the periods provided in the data. The gross profit margin, representing the percentage of revenue that exceeds the cost of goods sold, started at 52.07% as of January 31, 2022, showing a healthy margin. It then decreased to 44.98% by April 30, 2022, which suggests a potential increase in the cost of goods sold relative to revenue.
The trend slightly improved by July 30, 2022, at 52.43%, indicating a more favorable position, but dropped again to 45.07% by July 31, 2022. This fluctuation continued within the periods, with several ups and downs. Notably, the gross profit margin improved back to around 52% towards the end of 2023 but dipped once again to 43.37% as of January 31, 2024.
In February 3, 2024, the gross profit margin reached 51.94%, showing recovery from the significant drop earlier. However, it decreased to 37.43% by January 31, 2025, indicating a significant decline in the margin relative to revenue and costs.
Overall, Nordstrom Inc's gross profit margin exhibited volatility throughout the periods, with some fluctuations possibly indicating changes in costs, pricing strategies, or efficiency in managing its cost of goods sold. Further analysis would be required to understand the drivers behind these fluctuations and assess their impact on the company's overall financial performance.
Peer comparison
Jan 31, 2025