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Nordstrom Q2 net sales decreased 53 percent

Christian Fernsby ▼ | August 26, 2020
Nordstrom reported second quarter results, which reflected cash flow and earnings exceeding the Company's expectations through improved merchandise margins and significant overhead cost reductions.
Nordstrom
Nordstrom   Cash flow and earnings exceeding the Company's expectations
Net sales decreased 53 percent from last year.

Topics: Nordstrom

"At the onset of the pandemic, we focused on protecting and enhancing liquidity, and we successfully executed on these plans," said Erik Nordstrom, chief executive officer of Nordstrom


 

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