Nordstrom shares are trading lower after the company issued soft FY24 EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Nordstrom's stock price is trading lower following the company's announcement of weaker than expected earnings per share (EPS) guidance for the fiscal year 2024.
March 05, 2024 | 9:26 pm
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Nordstrom's shares are trading lower due to the company's announcement of soft EPS guidance for FY24.
The announcement of softer EPS guidance for FY24 directly impacts investor sentiment towards Nordstrom, leading to a decrease in stock price as market participants adjust their expectations for the company's future profitability.
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