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May 22, 2019

Nordstrom's sales funk worsens in fiscal 1Q

By ANNE D'INNOCENZIO
AP Retail Writer

NEW YORK — Nordstrom's holiday shopping season malaise carried over into the first months of the year.

The upscale department store chain reported fiscal first-quarter profit Tuesday that missed Wall Street analysts' expectations. It also cut its annual sales forecast and its stock tumbled.


 
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