Over the five-year period from 2021 to 2025, Nordstrom’s revenue demonstrated overall growth with some volatility. Starting in 2021 at USD 10,715 million, revenue surged nearly 38% to USD 14,789 million in 2022 and continued to incrementally grow to USD 15,530 million in 2023. However, a slight contraction occurred in 2024 when revenue dipped to USD 14,693 million before recovering modestly to USD 15,016 million in 2025. The gross profit data is reported as zero throughout the period, so our analysis focuses on operating and net income trends. The operating income recovered remarkably from a loss of USD 1,228 million in 2021 to a positive USD 246 million in 2022, which represents not only a numerical turnaround but an approximate improvement of over 120% when considering the swing from negative to positive. Operating income then rose to USD 337 million in 2023, dipped to USD 147 million in 2024—a decline exceeding 50% compared to 2023—but then rebounded strongly to USD 393 million in 2025, indicating a significant recovery. Similarly, net income shifted from a USD 690 million loss in 2021 to a profit of USD 178 million in 2022, continued to improve to USD 245 million in 2023, fell slightly to USD 134 million in 2024, and advanced to USD 294 million in 2025. These fluctuations, particularly the dramatic turnaround from losses to profits and the pronounced recovery in operating income in 2025, suggest that Nordstrom has managed to stabilize its operations amid challenging market conditions while still grappling with revenue pressure. Overall, the improvement in profitability after a difficult year positions the company on a sustainable path, though the periodic dips indicate that further operational and market-driven factors may need continued monitoring within the competitive retail sector.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.