Friday, August 11, 2017

Strong online growth helps Nordstrom top Q2 estimates

Nordstrom on Thursday reported positive results for its second quarter amid ongoing discussions of a possible buyout.
 
The upscale department store retailer reported that total net sales increased 3.5% to $3.79 billion in the quarter ended July 29, compared to a forecast for $3.75 billion. Total company same-store sales rose 1.7%, also better than expected. . . . more

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