• Most Popular
  • Most Shared

Nordstrom February same-store sales down 5.8 percent

ATLANTA
Thu Mar 6, 2008 10:03am EST

Stocks

   
Shoppers walk at the entrance of the Nordstrom store in Broomfield, Colorado June 7, 2007. Nordstrom Inc said on Thursday that February sales at stores open at least a year fell 5.8 percent. Analysts, on average, were expecting the company's same-store sales to fall 3.5 percent, according to Reuters Estimates. REUTERS/Rick Wilking

ATLANTA (Reuters) - Upscale department store chain Nordstrom Inc (JWN.N) said on Thursday that February sales at stores open at least a year fell 5.8 percent.

Stocks

Analysts, on average, were expecting the company's same-store sales to fall 3.5 percent, according to Reuters Estimates.

The Seattle-based retailer said preliminary data indicated total sales for the four weeks ended March 1 fell 3.3 percent to $529 million.

(Reporting by Karen Jacobs, Editing by Gerald E. McCormick)
Stocks


More from Reuters

Photo

Senate on track to pass healthcare bill

WASHINGTON (Reuters) - Senate Democrats moved closer on Monday to passing landmark healthcare legislation by Christmas after scoring a win in the first big test vote and gaining the support of a powerful lobbying group for doctors. | Video

» More Top News
Photo

Political risk clouds Asia

The economic outlook is strong, but the danger of a sudden correction hangs over Asian markets - as political risks could turn sunshine to storm clouds in the blink of an eye.  Full Article 

Global Markets
Two men shake hands in a file photo. REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article 

Global Deals Review