By  on November 13, 2009

Improved top- and bottom-line results in the third quarter emboldened Nordstrom Inc. to raise its full-year guidance, but did not stop the high-end retailer from missing Wall Street estimates by 1 cent.

In the quarter ended Oct. 31, profits at Nordstrom grew 16.9 percent to $83 million, or 38 cents a diluted share, from $71 million, or 33 cents a share, a year ago.

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