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Benzinga
Benzinga
Business
Adam Eckert

What's Going On With Nordstrom Stock Today?

Pete Nordstrom

Nordstrom Inc (NYSE:JWN) shares are trading flat Wednesday after the company reported better-than-expected top-line results, issued guidance above analyst estimates and announced a buyback.

Nordstrom said first-quarter revenue grew 19% year-over-year to $3.47 billion, which beat the estimate of $3.28 billion, according to data from Benzinga Pro. The company reported a quarterly adjusted loss of 6 cents per share, which missed the estimate for a loss of 5 cents per share.

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