Nordstrom Inc reported a lower quarterly net profit due to lower sales in what the company called a “challenging retail environment.” First-quarter net profit came to $119 million, or 54 cents a share, compared with $157 million, or 60 cents a share, a year earlier.
Profits at Nordstrom Slide 24.2%
Nordstrom Inc reported a lower quarterly net profit due to lower sales in what the company called a “challenging retail environment.” First-quarter net profit came to $119 million, or 54 cents a share, compared with $157 million, or 60 cents a share, a year earlier.
