Tag: $Nordstorm Inc.

Nordstrom Stock Surges After Earnings Smash Expectations. What Has Wall Street Excited.

Nordstrom stock surged Tuesday after the high-end department store topped earnings estimates and slightly raised its full-year guidance.

Nordstrom delivers surprise profit as inventory woes ease

Nordstrom Inc posted a surprise first-quarter profit on Wednesday as better inventory control and demand from wealthy shoppers helped the company defy an inflation-driven slump in retail spending, sending its shares up 7% after hours.