Nordstrom: A Financial Analysis

Date of Award

Spring 5-11-2018

Document Type

Project (696 or 796 registration)

Degree Name

Master of Science in Accounting & Finance


Graduate Studies

Committee Chair

Thomas Hanson


Financial analysis, business valuation, Nordstrom


This paper provides a detailed financial analysis for Nordstrom’s business and value. In order to provide a useful peer group comparison, Macy’s is selected as a benchmarking firm to be evaluated with Nordstrom. By conducting this analysis, I learned how to work with a firm’s financials, historical information, forecasted growth, and pro forma financial statements to estimate the intrinsic value of the common stock. Furthermore, I was able to make a recommendation for investment to potential investors. All financial information provided is cited from the 2017 Form 10-K, other company documents, or website.

Abstract only: No full text available.