Nordstrom slashes profit outlook after ‘highly promotional’ holiday season

Jan. 19, 2023 4:31 PM ETNordstrom, Inc. (JWN)M, KSS, DDSBy: Kevin P. Curran, SA News Editor19 Comments

Nordstrom Shares Fall After Lackluster Earnings Report

Scott Olson/Getty Images News

Nordstrom (NYSE:JWN) stock slumped in Thursday’s extended session after cutting 2022 earnings expectations.

Management now sees revenue growth for the full-year at the low-end of its previously issued outlook of 5% to 7% due to slower than

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