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Nordstrom Q4 net sales 1.3 percent

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Christian Fernsby ▼ | March 3, 2020
Nordstrom reported fourth quarter results, excluding charges, in line with the company’s prior outlook, reflecting further sales momentum and continued operating discipline.
Nordstrom
Nordstrom   Net sales growth of 1.3 percent improved by more than 400 basis points
Net sales growth of 1.3 percent improved by more than 400 basis points from year to date trends, with growth in Nordstrom’s Full Price and Off Price businesses.

Topics: Nordstrom

These charges primarily related to the integration of Trunk Club as part of Nordstrom’s market strategy in addition to debt refinancing costs.

Net sales decreased 2.2 percent compared with fiscal 2018, in line with expectations.


 

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