1 / 8

ACCTG 220 Dr. Mereba Sec 10-k project – nordstrom , Inc. July 15 , 2013

ACCTG 220 Dr. Mereba Sec 10-k project – nordstrom , Inc. July 15 , 2013. Nordstrom, Inc. Founded in 1901 by John W. Nordstrom and Carl Wallin Began as a retail shoe business in Seattle, WA Became incorporated in the state of Washington during 1946

javen
Download Presentation

ACCTG 220 Dr. Mereba Sec 10-k project – nordstrom , Inc. July 15 , 2013

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ACCTG 220Dr. MerebaSec 10-k project – nordstrom, Inc.July 15, 2013

  2. Nordstrom, Inc. • Founded in 1901 by John W. Nordstrom and Carl Wallin • Began as a retail shoe business in Seattle, WA • Became incorporated in the state of Washington during 1946 • Currently operates in 31 states throughout the US

  3. Shopping Options • Full-line retail stores • Nordstrom Rack (company owned discount stores) • Jeffrey Boutiques (company owned) • On-line With a focus on fashion, Nordstrom offers a plentiful selection of women’s, men’s and children’s clothing and footwear as well as jewelry and select housewares/home décor.

  4. Statements of Earnings for 2012 • Total Revenues (from net sales and credit card revenues) = $12.1 billion • Nordstrom, Inc.’s largest expense = Cost of sales and related buying and occupancy costs at $7.4 billion • Net Income = $735 million • Profit Margin = 39%

  5. Balance Sheet for 2012 • Total Assets = $8.1 billion (includes cash, accounts receivable, inventory, land, buildings, equipment and intangibles) • Total Shareholder’s Equity = $1.9 billion Total Liabilities = Assets – Shareholder’s Equity Total Liabilities = $6.2 billion

  6. Little Known Facts (at least to me…) • Approximately 25% of Nordstrom, Inc.’s stock is held by members of the Nordstrom family • Nordstrom offers credit through both a private credit card and the Nordstrom Visa • Nordstrom will alter payment schedules and interest rate for their credit customers who have suffered some type of financial hardship

  7. What’s to come… Nordstrom, Inc. is a long-standing retail business which has survived many economic downturns. Their longevity has been proven and their dedication to customer service and exceptional, quality products are sure to keep Nordstrom, Inc. a profitable and stable company for years to come.

  8. References Nordstrom, Inc. SEC 10-K accessed at http://phx.corporate-ir.net/phoenix.zhtml?c=93295&p=irol-sec Retail and customer information available at shop.nordstrom.com

More Related