Seattle–Nordstrom Inc. reported Thursday a smaller-than-expected comparable sales growth and a lowered forecast, sending its shares down 15% in after-market trading. For the three months ended Oct. 31, Nordstrom said net income fell to $81 million, or 42 cents per share, from $142 million, or 73 cents per share, a year earlier. Net revenue rose […]
The post Nordstrom Q3 Comps Disappoint, Lowers Forecast appeared first on Accessories Magazine.