• Return to Headlines

Relatively High Return on Equity Detected in Shares of Nordstrom Inc in the Department Stores Industry (JWN, M, KSS, DDS, JCP)

By Shiri Gupta

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 Inc ranks highest with a ROE of 4,742.8%. Following is Macy'S Inc with a ROE of 3,171.6%. Kohls Corp ranks third highest with a ROE of 1,620.3%.

Dillards Inc-A follows with a ROE of 1,292.4%, and J.C. Penney Co rounds out the top five with a ROE of -848.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Nordstrom Inc on November 15th, 2018 by issuing a Downtrend alert when the shares were trading at $59.25. Since that call, shares of Nordstrom Inc have fallen 45.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest return on equity nordstrom inc :m macy's inc :kss kohls corp :dds dillards inc-a j.c. penney co

Ticker(s): JWN JCP