Report
Anil Passi ...
  • Moritz Steinbauer
  • Vikas Munjal

DBRS Morningstar Downgrades Issuer Rating on Nordstrom, Inc. to BBB (low), Trend Remains Negative

Please refer to PDF document for more detail about our research: DBRS Morningstar Downgrades Issuer Rating on Nordstrom, Inc. to BBB (low), Trend Remains Negative
Underlying
Nordstrom Inc.

Nordstrom is a fashion retailer providing a selection of brand-name and private label apparel, shoes, cosmetics and accessories for women, men, young adults and children. The company serves customers through two businesses: Full-Price and Off-Price. The company's operations consist of the company's Nordstrom U.S. and Canada full-line stores, U.S. and Canada Nordstrom Rack stores, Jeffrey boutiques, Last Chance clearance stores, Trunk Club clubhouses and Nordstrom Local. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com, HauteLook and TrunkClub.com.

Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Anil Passi

Moritz Steinbauer

Vikas Munjal

Other Reports on these Companies
Other Reports from DBRS Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch