Friday, November 22, 2019

Nordstrom escapes department store blues as Q3 earnings beat Street

Chain Store Age
Nordstrom reported earnings that exceeded expectations as sales trends improved across both its full-price and off-price businesses.

The company also raised the lower-end of its full-year profit guidance in contrast to profit forecast cuts by other department store retailers, including Macy’s Inc. and Kohl’s Corp. . . . more