(AOF) – In the third quarter of 2021, Nordstrom made a profit of 39 cents per share, compared to 34 last year at the same time. Analysts, however, expected much better, at 57 cents per share. However, revenues exceeded expectations, to $ 3.64 billion (+ 18% over one year, but -1% over two years), for a consensus of 3.5 billion. The fashion retailer is also experiencing significant inventory and cost issues related to supply difficulties, and “may have difficulty winning back customers.”
Despite this, the group reiterated its annual objectives, with expected growth of more than 35% over one year.
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