{"schema_version":"secwatch.filing_event.v1","accession":"0000072333-23-000013","form_type":"8-K","ticker":null,"cik":"0000072333","company_name":"NORDSTROM INC","filed_at":"2023-03-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.890618+00:00","generated_at":"2026-06-18T16:31:15.484387+00:00","sec_items":["1.01","2.02","2.05","2.06","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nordstrom to wind down Canadian operations, expects $300-350M Q1 charges; Q4 EPS $0.74","bullets":["Canada wind-down: filed for CCAA protection; expects $300-350M pre-tax charges in Q1 2023, mostly non-cash.","Q4 net earnings $119M, diluted EPS $0.74; net sales down 4.1% YoY to $4.2B.","Full-year adjusted EBIT $502M (3.3% of sales), adjusted EPS $1.69; revenue up 5%.","Quarterly dividend $0.19/share, payable March 29, record March 14; $438M remaining buyback capacity.","Credit agreement amended to remove Canadian entities as loan parties; NCRI deconsolidated."],"urls":{"canonical":"https://secwatch.observer/filing/0000072333-23-000013","json":"https://secwatch.observer/filing/0000072333-23-000013.json","markdown":"https://secwatch.observer/filing/0000072333-23-000013.md","text":"https://secwatch.observer/filing/0000072333-23-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/72333/000007233323000013/0000072333-23-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/72333/000007233323000013/jwn-20230228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T16:31:15.484387+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8f33ad3b9dda2e57e0c368442f38cc7f53139cd4","claim":"NORDSTROM INC reported quarter ended January 28, 2023 results: net income $119 million, EPS $0.74 per diluted share.","evidence_excerpt":"Nordstrom, Inc. (NYSE: JWN) today reported fourth quarter net earnings of $119 million, or $0.74 per diluted share (“EPS”), and earnings before interest and taxes (“EBIT”) of $187 million, or 4.5 percent of sales, for the quarter ended January 28, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72333/000007233323000013/0000072333-23-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended January 28, 2023"},{"label":"Net income","value":"$119 million"},{"label":"EPS","value":"$0.74 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e1208aba9a17f07557413f4b739e0ff915a28e34","claim":"NORDSTROM INC reported fiscal year ended January 28, 2023 results: net income $245 million, EPS $1.51 per diluted share.","evidence_excerpt":"For the fiscal year ended January 28, 2023, net earnings were $245 million and diluted EPS was $1.51, with EBIT of $465 million, or 3.1 percent of sales.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72333/000007233323000013/0000072333-23-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended January 28, 2023"},{"label":"Net income","value":"$245 million"},{"label":"EPS","value":"$1.51 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"12f28be090f0f7ad6e39bc48fa86f171f3a40424","claim":"NORDSTROM INC amended First Amendment with Wells Fargo Bank, National Association, as administrative agent (effective 2023-03-01).","evidence_excerpt":"On March 1, 2023, Nordstrom, Inc., the Guarantors party thereto, the Lenders party thereto and Wells Fargo Bank, National Association, as administrative agent (the “Agent”) entered into a First Amendment (the “Amendment”) to the Revolving Credit Agreement originally dated as of May 6, 2022 (the “Credit Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/72333/000007233323000013/0000072333-23-000013-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as administrative agent"},{"label":"Effective","value":"2023-03-01"}],"fact_type":"material_agreement"},{"claim_id":"4adc57927558f4a6467fdb982b39b4e81a9e0b35","claim":"NORDSTROM INC announced a restructuring with charges of approximately $300 million to $350 million affecting Nordstrom Canada.","evidence_excerpt":"Nordstrom expects to incur pre-tax charges of approximately $300 million to $350 million in the first quarter of 2023, the substantial majority of which are anticipated to be non-cash charges, including an estimate for the impairment of the Nordstrom Canada investment and an estimate of certain claims that may be asserted against Nordstrom or its subsidiaries as a result of the wind-down of Nordstrom Canada’s operations.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/72333/000007233323000013/0000072333-23-000013-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $300 million to $350 million"},{"label":"Affected area","value":"Nordstrom Canada"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}