FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Nordstrom Shares Rise After Surpassing Q3 Expectations”
Shares of Nordstrom Inc. (NYSE: JWN) grew over 12% above its previous close throughout premarket and early morning trading.
The retailer earned 34 cents per share on revenues of $3.09 billion whilst analysts expected a loss of 6 cents per share on revenues of $3.10 billion, and analysts now believe the company may have a stronger holiday season than was first anticipated.
Nordstrom, Inc. is a leading fashion retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 357 stores in 40 states, including 100 full-line stores in the United States and Canada; 249 Nordstrom Rack stores; two clearance stores; and six Nordstrom Local service hubs.
For more information, please visit: Nordstrom, Inc.
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