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”
Tag: nordstrom
Nordstrom Shares Explode as Company Issues Strong Guidance
Luxury retail department store chain Nordstrom released its earnings report this week, causing shares to…
Nordstrom Sales Fall 53% in the Second Quarter
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Nordstrom Has Suspended its Dividend and Halted Buybacks
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Jim Cramer Says It May Be Time to Buy Shares of This Department Store
According to CNBC's Jim Cramer, now maybe the time to pick up some shares of…
Nordstrom Shares Soar on Earnings Beat
Shares of retailer Nordstrom were jumping higher on Thursday after the company reported earnings that…
Nordstrom Shares Explode after Reporting Strong Profit in the Second Quarter
Shares of retail company Nordstrom were moving higher on Wednesday after the company reported strong…
Rent the Runway Teams Up with Nordstrom
Rent the Runway, an online service that provides designer dress and accessory rentals, has teamed…
Nordstrom Shares Sink After Big Charge on Credit Card Refunds
Nordstrom shares saw a big drop on Thursday in after-hours trading after the department store…
Nordstrom is About to Open an All Men’s Store in New York City
In just two days, on April 12th, Nordstrom Inc. will be opening its first ever…
Two Retailers Have Tied for America’s Favorite Store for Value
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Nordstrom Family Suspends Efforts to Take the Company Private
It was just this past June that the Nordstrom Family had decided to take the…
Nordstrom Shares Inches Closer to Going Private
Shares of Nordstrom saw gains on Wednesday after a CNBC report indicated that the Nordstrom…
Nordstrom May Soon Be Going Private
According to a new report, Nordstrom has formed a committee and is looking into turning…