Nordstrom Q3 Sales Grow, But Analysts Remain Cautious On Stock Amid Slowing Sales And Elevated Inventory

Nordstrom Q3 Sales Grow, But Analysts Remain Cautious On Stock Amid Slowing Sales And Elevated Inventory

In Q3, Nordstrom saw net sales rise by 4.6%, total comparable sales by 4.0%, and gross merchandise value by 5.3%. Analysts Matthew R. Boss and Dana Telsey revised stock ratings and price forecasts based on company performance and market conditions.

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