(Reuters) – Department store operator Nordstrom on Tuesday beat Wall Street expectations for quarterly comparable sales and said its Chief Financial Officer Cathy Smith would step down. The company reported fourth-quarter comparable sales growth of 4.7%, compared with estimates of 1.25%, according to data compiled by LSEG. (Reporting by Juveria Tabassum in Bengaluru; Editing by […]
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Nordstrom beats holiday-quarter sales estimates; CFO steps down
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(Reuters) – Department store operator Nordstrom on Tuesday beat Wall Street expectations for quarterly comparable sales and said its Chief Financial Officer Cathy Smith would step down.
The company reported fourth-quarter comparable sales growth of 4.7%, compared with estimates of 1.25%, according to data compiled by LSEG.
(Reporting by Juveria Tabassum in Bengaluru; Editing by Sriraj Kalluvila)