Nordstrom delivers surprise profit as inventory woes ease
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Nordstrom (JWN) gains after topping Q1 estimates, but analysts remain bearish
June 1, 2023 7:59 AM EDTNordstrom (NYSE: JWN) shares jumped over 3% after the company reported earnings after the close, topping Q1 earnings and revenue estimates.
Investors were given a boost after the department store company posted earnings of $0.07 per share, $0.17 better than the analyst estimate of a loss of $0.10 per share. Revenue for the quarter came in... More
