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Earnings summaries and quarterly performance for JWN.

Executive leadership at JWN.

Board of directors at JWN.

Recent press releases and 8-K filings for JWN.

Nordstrom Acquisition & Merger Approval Completed
JWN
M&A
Proxy Vote Outcomes
  • Acquisition completed: The Nordstrom Family and Liverpool acquired Nordstrom in an all-cash transaction at $24.25 per share with additional cash dividends of $0.25 per share (special) and $0.1462 per share (stub).
  • Merger agreement approved: Shareholders approved the merger with Nordstrom Holdings, Inc. and Navy Acquisition Co. Inc. via both the Two-Thirds Approval and Majority of the Minority Approval processes.
  • Leadership change: Following the transaction, Erik Nordstrom and Pete Nordstrom will lead the company as Co-CEOs.
  • Shareholder meeting: A special virtual meeting on May 16, 2025, achieved an 85.47% quorum and set the record date for the vote.
  • Executive compensation approved: The merger-related executive compensation proposal was confirmed and signed by Chief Legal Officer Ann Munson Steines on May 19, 2025.
  • NYSE delisting: Nordstrom common stock will cease trading and be delisted from the NYSE as of May 21, 2025.
May 20, 2025, 12:00 AM
Nordstrom Approves Merger and Declares Dividends
JWN
M&A
Dividends
Proxy Vote Outcomes
  • Nordstrom approved its Merger Agreement with Norse Holdings and its subsidiary, with shareholders voting in favor at a special meeting on May 16, 2025.
  • The merger is expected to close on or around May 20, 2025, with the Company becoming a wholly owned subsidiary of Parent.
  • The Company declared a special dividend of $0.25 per share (subject to a minimum cash requirement) and a stub period dividend of $0.1462 per share, with the record date set for May 19, 2025.
May 16, 2025, 12:00 AM
Nordstrom Announces Blackout Restrictions Ahead of Merger Vote
JWN
M&A
  • Directors and Section 16 officers are notified of upcoming trading restrictions stemming from an anticipated blackout period related to the proposed merger (merger vote scheduled for May 16, 2025).
  • The notice details that due to the blackout period, which is linked to the completion of transactions under the Nordstrom 401(k) Plan, these officers are prohibited from trading Company Stock during this period.
Apr 22, 2025, 12:00 AM

Quarterly earnings call transcripts for JWN.

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