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Nordstrom (FRA:NRD) Gross Profit : €5,106 Mil (TTM As of Oct. 2024)


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What is Nordstrom Gross Profit?

Nordstrom's gross profit for the three months ended in Oct. 2024 was €1,201 Mil. Nordstrom's gross profit for the trailing twelve months (TTM) ended in Oct. 2024 was €5,106 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nordstrom's gross profit for the three months ended in Oct. 2024 was €1,201 Mil. Nordstrom's Revenue for the three months ended in Oct. 2024 was €3,180 Mil. Therefore, Nordstrom's Gross Margin % for the quarter that ended in Oct. 2024 was 37.76%.

Nordstrom had a gross margin of 37.76% for the quarter that ended in Oct. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Nordstrom was 37.76%. The lowest was 29.07%. And the median was 36.07%.


Nordstrom Gross Profit Historical Data

The historical data trend for Nordstrom's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nordstrom Gross Profit Chart

Nordstrom Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,038.39 2,557.42 4,813.38 5,114.21 4,948.02

Nordstrom Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,174.28 1,473.39 1,055.02 1,376.55 1,200.74

Competitive Comparison of Nordstrom's Gross Profit

For the Department Stores subindustry, Nordstrom's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nordstrom's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nordstrom's Gross Profit distribution charts can be found below:

* The bar in red indicates where Nordstrom's Gross Profit falls into.



Nordstrom Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Nordstrom's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=13488.174 - 8540.154
=4,948

Nordstrom's Gross Profit for the quarter that ended in Oct. 2024 is calculated as

Gross Profit (Q: Oct. 2024 )=Revenue - Cost of Goods Sold
=3179.952 - 1979.208
=1,201

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €5,106 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Nordstrom's Gross Margin % for the quarter that ended in Oct. 2024 is calculated as

Gross Margin % (Q: Oct. 2024 )=Gross Profit (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,201 / 3179.952
=37.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Nordstrom  (FRA:NRD) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Nordstrom had a gross margin of 37.76% for the quarter that ended in Oct. 2024 => Competition eroding margins


Nordstrom Gross Profit Related Terms

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Nordstrom Business Description

Traded in Other Exchanges
Address
1617 Sixth Avenue, Seattle, WA, USA, 98101
Nordstrom is a fashion retailer that operates about 93 department stores and 280 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and six Local locations. Nordstrom's largest merchandise categories are women's apparel (27% of 2023 sales), shoes (26% of 2023 sales), men's apparel (15% of 2023 sales), and beauty (13% of 2023 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.

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