Nordstrom CEO Notes ‘Noticeable Decline' in Sales Trends
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Nordstrom has raised the low end of its full-year projections despite observing a noticeable decline in sales trends at the end of last month.
November 27, 2024 | 2:30 pm
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Nordstrom has increased the low end of its full-year projections, but the CEO has noted a noticeable decline in sales trends at the end of last month, which could impact future performance.
The increase in projections suggests some optimism, but the warning about declining sales trends could indicate potential challenges ahead, likely leading to short-term stock price pressure.
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