Nordstrom is Among the Companies in the Department Stores Industry With the Highest Return on Equity (JWN, M, DDS, KSS, JCP)
Below are the three companies in the Department Stores industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.
Nordstrom ranks highest with a ROE of 36.7%. Following is Macy's with a ROE of 28.3%. Dillard's ranks third highest with a ROE of 17.0%.
Kohl's follows with a ROE of 13.2%, and JC Penney rounds out the top five with a ROE of -25.2%.
SmarTrend recommended that subscribers consider buying shares of Nordstrom on July 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $41.42. Since that recommendation, shares of Nordstrom have risen 21.4%. We continue to monitor Nordstrom for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest return on equity Nordstrom macy's dillard's kohl's JC Penney