Nordstrom Inc (NYSE:JWN)
$ 21.2 0.1 (0.47%) Market Cap: 3.46 Bil Enterprise Value: 7.30 Bil PE Ratio: 26.50 PB Ratio: 4.06 GF Score: 66/100
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Nordstrom Inc at Cowen Future of the Consumer Conference Transcript

Apr 02, 2019 / 02:35PM GMT
Release Date Price: $43.94 (-2.14%)
Oliver Chen
Cowen and Company, LLC, Research Division - MD & Senior Equity Research Analyst

Introduce Erik Nordstrom and Anne Bramman on the stage with us as well as our CEO, Jeff Solomon. Erik is Nordstrom's Co-President, and Anne is [Chief Financial Officer] (corrected by company after the call). Erik Nordstrom began his career in a stockroom of Downtown Seattle store in 1979. He worked as a salesperson in the shoe department through high school and college. And after graduating from the University of Washington, Erik held numerous positions throughout the company, including buying and regional management.

Anne Bramman joined Nordstrom as CFO in June in 2017, and she currently supports all facets of the company's financial operations. Prior to joining Nordstrom, she served as SVP and CFO of Avery Dennison, a $6 billion global adhesive manufacturer.

Nordstrom is the leading retailer in the retail -- specialty retailer in the United States. It operates 2 business units: full-price as well as off-price. Full-price with 115 stores, off-price with 238. We see Nordstrom really as a

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