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Nordstrom Reports Soft Results

Nordstrom Reports Soft Results

US department store chain  Nordstrom reported softer Q3 earnings. It reported a net income increase to $64mn, a 21% YoY rise. EPS stood at $0.39/share while analysts expected $0.56/share. Revenues, including credit card sales, climbed 18% YoY to $3.64bn. However,...
Nordstrom Reports Soft Results

Nordstrom Earning Beat Expectation

US department store chain Nordstrom reported its 2Q2021 numbers on Tuesday with net sales jumping by 101% YoY to $3.57bn, while still down 6% vs. the same period in 2019. The EBIT was reported to be $151mn during the quarter vs. a loss of $370mn during the same period...
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