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Nordstrom Inc - Net Sales Decline Of About 22% For 9-Week Holiday Period Ended January 2, 2021, Compared With 9 Weeks Ended January 4, 2020
Nordstrom Reports Q3 Earnings Per Share $0.34
Nordstrom Reports Second Quarter 2020 Earnings
Nordstrom, Inc. is a fashion specialty retailer in the United States. The Company offers private labeled apparel, shoes, cosmetics and accessories for women, men, young adults and children. The Company serves customers through retail segment, which includes Full-Price and Off-Price businesses. The Company’s operations consist of its Nordstrom U.S. and Canada full-line stores, the United States and Canada Nordstrom Rack stores, Jeffrey boutiques, Last Chance clearance stores, Trunk Club clubhouses and Nordstrom Local. Additionally, the Company’s customers are also served online through Nordstrom.com, Nordstromrack.com, HauteLook and TrunkClub.com.
1617 6th Ave
Peter E. Nordstrom
President, Chief Brand Officer, Director
James F. Nordstrom
President - Stores
Erik B. Nordstrom
Chief Executive Officer, Director
Anne L. Bramman
Chief Financial Officer
Geevy S. K. Thomas
President - Nordstrom Rack
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Nordstrom Inc said on Wednesday its net sales for the nine-week holiday period ended Jan. 2 fell about 22%, as the department-store operator struggled to bring in customers due to a resurgence of COVID-19 cases in the United States.
Nordstrom Inc said on Tuesday a 37% surge in online sales helped the upscale department store top analysts' earnings expectations and boost confidence about its holiday performance despite a more competitive, promotional playing field.
Nordstrom Inc posted a 16% decline in quarterly net sales on Tuesday as sharply lower traffic at U.S. fashion retailers during the COVID-19 pandemic hammered demand for footwear and apparel.
Nordstrom Inc reported a bigger-than-expected loss on Tuesday, as the COVID-19 pandemic shut its stores for about half of the reported quarter and consumers stayed home with little need for designer clothes.
Nordstrom Inc reported a 53% fall in quarterly sales on Tuesday, as its stores were temporarily shut for about half of the reported quarter due to the COVID-19 pandemic.
Upscale retailers including Nordstrom Inc, privately-owned Saks Fifth Avenue and jeweler Tiffany & Co, reopened their large New York City flagship locations on Wednesday with reassuring signage and oversized jars of sanitizer to calm shoppers worried about cleanliness.
Upscale department store chain Nordstrom Inc on Thursday reported a nearly 40% slump in quarterly sales, as lockdowns to contain the COVID-19 pandemic shut stores.
Upscale department store chain Nordstrom Inc on Thursday reported a nearly 40% slump in quarterly sales, as lockdowns to contain the COVID-19 pandemic forced it to shut stores.
Apparel retailer Nordstrom Inc said on Tuesday it would close 16 stores and restructure its operations in an effort to cut costs and weather the impact of the COVID-19 pandemic.
Nordstrom Inc has temporarily shut down its corporate headquarters in Seattle due to the spread of the coronavirus in the area, the retailer said in a filing on Wednesday.
Nordstrom Inc said on Monday it would suspend its quarterly cash dividend and share repurchases as it looks to weather the impact from the coronavirus pandemic.
Macy's Inc on Tuesday joined Nordstrom Inc to temporarily close all of its stores in the United States, due to the coronavirus pandemic.
Apparel retailer Nordstrom Inc on Monday withdrew its fiscal 2020 forecast and said it would close stores in the United States and Canada for two weeks due to the coronavirus pandemic.
Nordstrom Inc raised its 2019 forecast, unlike many competitors, and reported third-quarter profit above Wall Street expectations on Thursday as it sold more off-price clothing and kept inventories in check, sending the retailer's shares up about 8% in extended trading.
Department store chain Nordstrom Inc reported quarterly sales below analysts' expectations on Wednesday, as the upscale retailer struggled to attract shoppers to both its full-price and off-price stores.
Upscale retailer Nordstrom Inc reported a better-than-expected quarterly profit on Wednesday, as its focus on online business helped offset weaker sales in its brick-and-mortar stores, sending its shares up 13% in extended trading.
Nordstrom Inc and Rent the Runway announced a partnership on Thursday that aims to draw more foot traffic into the department store while making the clothing rental service more convenient so it can improve service to existing customers and attract new ones.
Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter results that were hurt by the roll out of a new loyalty program and slow sales of full-priced women's clothing.
Nordstrom Inc's first-quarter sales missed Wall Street expectations on Tuesday, as the department store operator blamed softer trends from the fourth quarter that continued into the reported quarter, sending its shares down 9 percent.
Department store operator Nordstrom Inc on Thursday reported better-than-expected quarterly profit but missed Wall Street's sales estimates, as customers bought more merchandise at its off-price stores and less at its full-price stores.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.