Retail News

Nordstrom Q4 results beats Wall Street’s expectations

The Seattle Times 02/23/2017

Nordstrom, boosted by sales at the company’s off-price Rack stores, saw same-store sales decline 0.9 percent in the fourth quarter while earnings were up 15 percent year-over-year. Nordstrom’s full-price business including Nordstrom.com fell 2.8 percent during the quarter while the company’s off-price online and store comp sales improved 4.3 percent.

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