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Nordstrom’s Clean Inventory Level at End of Q2 Should Help Second Half Profitability

Nordstrom, Greats, Target, Macy’s, Alibaba, Bonobos, Rhone, Spanx and more will be at Sourcing Summit NY Oct 17. Don't miss it.

While it wasn’t exactly the best quarter, Nordstrom Inc. did have a second-quarter profit, and a lower inventory level leaves room for higher-quality opportunistic buys in the back half of the year. In a Nutshell: It was a mixed second-quarter for Nordstrom, which managed to beat Wall Street’s profit estimate by 14 cents a share…

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