May 24, 2022 Sophia Vida
Luxury

Nordstrom Raises Full-year Outlook as First-quarter Sales Top Expectations

Department store retailer Nordstrom reported fiscal first-quarter sales this week that came in ahead of analysts’ estimates. The company also hiked its financial outlook for the full year, citing momentum in the business. According to CEO Erik Nordstrom, the company has been able to capitalize on demand from people who are shopping for “long-awaited occasions,” … Continue reading “Nordstrom Raises Full-year Outlook as First-quarter Sales Top Expectations”