News

Sales rise at Nordstrom

21/05/2007


US
specialty retailer Nordstrom, Inc. has reported net earnings of $156.8 million for the first quarter ended May 5, up from $131.2 million in the same period last year.

Total sales increased 9.3% to $1.95 from $1.79 billion, whilst same-store sales improved 9.5%, exceeding the company's mid-single digit forecast.

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