Nordstrom Reports First Quarter 2020 Earnings
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Nordstrom (JWN) Q1 Revenues Plunge 40%
May 28, 2020 4:09 PM EDTNordstrom (NYSE: JWN) reported Q1 EPS of ($2.33) ex-items, $1.38 worse than the analyst estimate of ($0.95). Revenue for the quarter came fell 40% $2.03 billion versus the consensus estimate of $2.41 billion.
"We successfully strengthened our financial flexibility by increasing liquidity, lowering inventory by more than 25 percent... More
