Nordstrom reports fall in fiscal second quarter sales and profits

Nordstrom reports fall in fiscal second quarter sales and profits
Nordstrom’s results still topped Wall Street expectations (AP Photo/Gene J. Puskar, File)

Nordstrom has reported its sales and profits fell in its fiscal second quarter, joining its department store peers coping with shoppers’ cautious spending.

But its results still topped Wall Street expectations. The Seattle-based upscale department store also reaffirmed its financial annual outlook. Its stock rose 4% in after-hours trading.

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