Nordstrom, Inc. posted second-quarter earnings of $143 million, a decrease from $180 million from the prior year.
The direct marketer and retailer reported sales of $229 billion for the quarter ended Aug. 2, a 4.3% drop from $2.39 billion last year.
The Seattle firm posted Sales for Nordstrom Direct were also strong, increasing 14.6 percent in the quarter.
Nordstrom Direct posted a 14.6% increase in sales over the prior year.
The Seattle firm said gross profit, as a percentage of sales, decreased 168 basis points compared to last year. Management attributed this to a
