( ) -q-24- UNDATED (Correspondent Jeremy House) “a year ago.” Nordstrom says its sales and profits fell in its fiscal second quarter, joining its department store peers coping with shoppers’ cautious spending. [CutID: <Cuts> NORDSTROMS-SALES-house-q-FRIam.mp3 Time: 24s Title: NORDSTROMS-SALES-house-q-FRIam Out-cue: a year ago] TAG: Correspondent Jeremy House reporting. ————————————- VERBATIM: Nordstrom’s sales were affected by […]
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Nordstrom’s results reflect cautious consumer spending
( ) -q-24- UNDATED (Correspondent Jeremy House) “a year ago.”
Nordstrom says its sales and profits fell in its fiscal second quarter, joining its department store peers coping with shoppers’ cautious spending.
[CutID: <Cuts> NORDSTROMS-SALES-house-q-FRIam.mp3
Time: 24s
Title: NORDSTROMS-SALES-house-q-FRIam
Out-cue: a year ago]
TAG: Correspondent Jeremy House reporting.
————————————-
VERBATIM: Nordstrom’s sales were affected by the timing of the company’s anniversary sale, with one week falling into the third quarter this year compared to one day in 2022. Moreover, last year’s results included a full quarter of sales from its Canadian operations, which it wound down in June of this year. Nordstrom said it expects a revenue decline between 4% to 6% for the year compared with a year ago.