Nord Dragon Is Trying To Launch New Business.

American high-end chains
Department store retailer
Nordstrom Inc. (NYSE:JWN)
Nordstrom
The three quarter results were released on Thursday. As of the three quarter of October 28th, the group's earnings per share were $0.67, compared with -0.06 dollars in the same period last year, excluding hurricanes and adjusted EPS 0.71 dollars, which is better than Zacks and Thomson Reuters I/B/E/S's expected $0.63. Losses in the three quarter of last year were mainly due to impairment.
According to the world clothing and shoe net, 8-10 months, the core index of Nordstrom Inc. Nord's department store recorded a 0.9% decline in the same store sales, which was worse than the 0.4% decline expected by Consensus Metrix, of which the hurricane caused negative effects of 60 basis points. Quarterly sales increased by about 2% to 3 billion 541 million US dollars, compared with 3 billion 472 million US dollars in the same period last year, earning 3 billion 629 million US dollars, an increase of 2.5% dollars over the same period last year.
The same store's poor sales forecast led to a nearly 8% drop in Nordstrom Inc. Nord's department store on Thursday, and the two quarter growth was considered unstable.
However, by the rival Macy 's Inc. (NYSE:M) Messi department store group, Kohl' s Corp. (NYSE:KSS) corse department store performance to boost the department store, Nordstrom Inc. Nord dragon department store closed 40.03 dollars on Thursday, up 4.52%.
Messi's department store recorded 3.6% base store sales in the three quarter of the same store, which fell 100 basis points in the market, but the company's holiday season is expected to be strong. It has already improved the profit margin, stimulating the stock price soared by 10.98% on Thursday, closing at $19.50, the biggest single day increase in the year.
Nordstrom Inc. Nord's department store has not issued a forecast for the upcoming holiday season, but the company expects EPS to be lowered to $2.85-2.95 from the previous 2.85-3.00 dollar, which has raised expectations in the two quarter earnings, initially estimated at US $2.75-3.00.
Prior to this, the fourth generation of Nordstrom Inc. Nord stall family founder of the family decided to privatize the group temporarily shelved.
market
The prospect of the unstable holiday season is troubling the family's financing.
In the three quarter, the sales of Nordstrom Inc. Nord, including Nordstrom.com, including the Nordstrom.com, recorded a 1.9% decline in sales, while Nordstrom Rack and Nordstromrack.com/HauteLook discount sales increased by 0.8%, of which Nordstromrack.com/HauteLook continued to be strong, while the group hoped to shrink Nordstrom Rack, and quarterly sales fell 5% to $966 million.
Nord Nordstrom, Nordstrom Inc., said the company is looking for ways to improve its speed and personalization through testing. The US Department store has launched a new business Nordstrom Local, which does not sell small stores of any commodity, and stores provide services such as changing clothes and manicure.
The first Nordstrom Local in West Hollywood has 8 locker rooms, which consumers can try on and order online.
In the three quarter, group retail gross margin was 34.7%, down 12 basis points by year.
More interesting reports, please pay attention to the world clothing shoes and hats net.
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