Nordstrom Inc. news and archive

Nordstrom Q3 revenues rise 3 percent

American fashion retailer Nordstrom said on Thursday its Q3 revenue for 2018 increased by 3 percent. Net earnings for the quarter slid to 67 million US Dollars from 114 million US Dollars for the same quarter last year. The company’s sales in Q3 2018 were 3,648 million US dollars, up from 3,541 million US dollars a year earlier. The profit...

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Fashion

Nordstrom sees sales accelerate despite struggling department store climate

While many other department store chains are on the struggle bus with sales, Nordstrom is in the money. The company's e-commerce and even store sales gains are very promising. Business of Fashion reported that same-store sales rose 4 percent in the latest quarter, surpassing analyst expectations and also resulting in a 14 percent rise in shares....

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Business

Nordstrom H1 revenues increase 6.5 percent

American fashion retailer Nordstrom said on Thursday its H1 revenue for 2018 rose 6.5 percent. Profit increased by 43.9 percent from the same period last year. For the second quarter, the company's sales rose by 7.1 percent to 3,980 million dollars compared to 3,717 million dollars last year, while net earnings for the quarter increased to 162...