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Nordstrom Inc. Slashes Outlook

Stock Researching
Publish date: Fri, 16 Aug 2013, 08:45 AM
Stock Researching
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From Liston Street Pulse:

Luxury department chain Nordstrom Inc. (JWN) handed lower-than-expected growth in fiscal second quarter revenue. Weaker-than-expected growth in comparable-store-sales also prompted the Company to slash its full-year revenue and earnings outlook. Nordstrom reported 4.4% increase in comparable-store-sales increased 4.4%, for the fiscal second quarter ended August 3. Analysts polled by Thomson Reuters expected 6.8% growth. Overall […]

The post Nordstrom Inc. Slashes Outlook appeared first on Liston Street Pulse.

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