NORDSTROM CRUSHES EARNINGS; STOCKS SURGE

Nordstrom released its second quarter earnings, beating analyst expectations. Highlights included unadjusted earnings of $0.67 per share against analyst expectations of $0.57 a share. Total company net sales decreased 0.2%, revenue fell just a bit short at $3.65 billion versus projections of $3.68 billion. Comp sales fell -1.2%, but that was ...

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