Nordstrom, Inc. (JWN) Rides the Roller Coaster

Kors has been on a yearlong hot streak, and in its last release highlighted that the economy has not been weighing on it. Management said that “despite a continued weak overall European economy,” the brand has performed well. That’s the kind of talk that comes from a management team that either sees the challenge and knows how to face it, or is simply blind to the problem. Kors seems pretty sure of itself, right now — I imagine it sees the challenge.

For Nordstrom’s part, management was optimistic that consumers aren’t going to change much over the next year. When asked if the company was expecting anything new from the macroeconomic environment or consumer behaviors, CFO Michael Koppel said, “There’s nothing at this point that would suggest any change in our customers’ behavior.” I think Nordstrom sees what the market is doing, and as evidenced by its focus on mobile shopping, it has a plan for how to deal with this new economy. Look for good things from Nordstrom this year.

The article Nordstrom Rides the Roller Coaster originally appeared on Fool.com and is written by Andrew Marder.

Fool contributor Andrew Marder has no position in any stocks mentioned. The Motley Fool recommends Coach. The Motley Fool owns shares of Coach.

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