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Nordstrom nudges its sales outlook higher. And its off-price stores continue to help results.

26 November 2024
in Business
0
Nordstrom nudges its sales outlook higher. And its off-price stores continue to help results.
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Department-store chain Nordstrom Inc. offered an improved full-year sales forecast and exceeded analysts’ expectations in the third quarter, attributed to strong demand for women’s clothing and growth at its off-price Rack stores. The company’s slightly more optimistic outlook and successful performance in key segments contributed to its positive results, reflecting a promising trend in its business operations. Nordstrom’s ability to meet market demands and capitalize on its off-price strategy has positioned it well for continued success in the retail industry.

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