November 15, 2018 / 9:26 PM / a month ago

Nordstrom's quarterly full-price same-store sales miss estimates

Nov 15 (Reuters) - Department store operator Nordstrom Inc on Thursday reported lower-than expected quarterly full-price comparable store sales, as fewer people visited its stores and bought items at full price.

Same-store sales in full price increased 0.4 percent in the quarter ended Nov. 3, below analysts' estimate of 1.74 percent rise, according to IBES data from Refinitiv. [nBw7cCKrBa ]

Net income fell to $67 million, or 39 cents per share, from $114 million, or 67 cents, a year earlier. (Reporting by Soundarya J in Bengaluru; Editing by Maju Samuel)

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