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Nordstrom CEO: ‘It’s Been Difficult to Plan Inventory Flow With Much Precision’

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Nordstrom raised its full year sales and EBIT outlook after beating Wall Street’s forecasts. The department store company saw revenue reach $3.66 billion with help from its annual Anniversary Sale, while earnings per share totaled 49 cents. Both numbers surpassed Refinitiv estimates of $3.36 billion and 27 cents, respectively, but the retailer still has a…

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