21 Jul, 2024
2 mins read

Nordstrom Stock Surges on Earnings Beat, Smaller Sales Decline Than Expected 

Late on Thursday, Nordstrom (JWN) posted better-than-expected profits and same-store sales for the second quarter, which caused the stock to rise noticeably by 6%.  The report was released after the market closing. The world’s largest retailer said sales were down 8.3% from last year’s time.  CEO Erik Nordstrom ascribed this reduction to the Anniversary Sale’s […]