Nordstrom (JWN) Tops Q2 EPS by 1c
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Nordstrom Second Quarter 2017 Earnings Achieved Expectations
August 10, 2017 4:05 PM EDTResults Reflected Positive Anniversary Sale, Inventory and Expense Execution
SEATTLE--(BUSINESS WIRE)-- Nordstrom, Inc. (NYSE: JWN) today reported earnings per diluted share for the second quarter ended July 29, 2017 was $0.65, which achieved Company expectations.
Total Company net sales increased 3.5 percent and comparable sales increased 1.7 percent, compared with the same quarter last year. The Company's Anniversary Sale, historically its largest event of the year, performed better than recent trends. Nordstrom continued its progress in executing its customer strategy while maintaining discipline around inventory and expenses:
As a... More