By  on November 15, 2018

Nordstrom Inc. reported Thursday that its third-quarter net earnings dropped to $67 million compared with $114 million during the same period in fiscal 2017, largely due to a credit-related charge.

Excluding the estimated $49 million charge, earnings were relatively flat and slightly exceeded the company’s expectations, reflecting “continued top-line strength” at its full and off-price businesses, the company said.

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