Nordstrom Inc. on Monday reported that third-quarter profits spiked 43.4 percent and updated its outlook for fiscal 2010.
For the three months ended Oct. 30, income was $119 million, or 53 cents a diluted share, from $83 million, or 38 cents, in the same quarter a year ago. EPS beat analysts’ consensus estimates by 1 cent. Sales rose 11.7 percent to $2.09 billion from $1.87 billion. Including credit card revenues, total revenues for the third quarter increased 11.2 percent to $2.18 billion from $1.96 billion.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"