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Nordstrom beats quarterly revenue estimates

May 25 (Reuters) - Nordstrom Inc beat quarterly revenue estimates on Tuesday, as the roll out of COVID-19 vaccines and fresh government stimulus checks boosted traffic at department stores.

Total revenue rose to $3.01 billion in the first quarter ended May 1 from $2.12 billion a year earlier, beating analysts’ average estimate of $2.90 billion. (Reporting by Uday Sampath in Bengaluru; Editing by Shinjini Ganguli)

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