Footwear

Nordstrom’s Q3 Revenues Slump 16 Percent

Nordstrom’s Q3 Revenues Slump 16 Percent

Nordstrom Inc. reported sales decreased 16 percent to $3 billion in the third quarter. Net earnings were down 57.9 percent in the period, but came in well above Wall Street's targets. Top-performing merchandise categories included active, home, beauty and designer. (Read More)

Urban Outfitters’ Q3 Profits Jump 38 Percent

Urban Outfitters’ Q3 Profits Jump 38 Percent

Urban Outfitters Inc. announced net income rose 37.7 percent in the third quarter to $76.7 million, or 78 cents a share. Comparable Retail segment net sales were flat as a result of negative retail store sales driven by lower store productivity due to reduced store traffic, offset by strong double-digit growth in the digital channel. (Read More)

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