By  on May 13, 2010

Nordstrom Inc.’s first-quarter profits were 43.2 percent ahead of those from the 2009 quarter, but still fell short of analysts’ expectations.

Reporting after the markets closed Thursday, the high-end retailer said first-quarter earnings for the period ended May 1 jumped to $116 million, or 52 cents a diluted share, from $81 million, or 37 cents, in the year-ago quarter. The earnings per share figure fell 3 cents short of analysts’ consensus estimates of 55 cents.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus