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Nordstrom posts mixed earnings amid moves to cut inventory overhang, Canada exit

Mar. 02, 2023 4:35 PM ETNordstrom, Inc. (JWN)By: SA News Team

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Nordstrom (NYSE:JWN) posted a mixed earnings report on Thursday evening, but reined in inventory levels that had persistently pressured margins in 2022.

For the fourth quarter, the Seattle-based department store chain notched $0.74 in earnings per share, $0.07

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