11-05-2017 22:21 via feedproxy.google.com

Nordstrom's same-store sales miss

Nordstrom capped off a rough day for the retail industry with another disappointing quarter.
The high-end department store said same-store sales slipped 0.8% versus a year ago, missing the unchanged reading that analysts had forecast. 
The company earned an adjusted $0.43 a share, easily beating the $0.27 that Wall Street was expecting. That included "an interest expense charge of $18 million, or $0.06, related to a $650 million debt refinancing completed in the first quarter
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