Nordstrom Reports Q1 Earnings

Nordstrom reports Q1 earnings in-line with the company's expectations.
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Nordstrom (JWN) - Get Report reports Q1 net earnings of $63 million

Nordstrom's net sales increased 2.7% while comparable sales decreased 0.8%

Online sales make up 24% of total net sales

Net sales were $3.3 billion

Net sales for the Nordstrom Rack brand increased 8.7% while comparable sales increased 2.3%

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This article was written by a staff member of TheStreet.