Nordstrom is seeing an early warning sign of an inventory problem, analyst says [DailyFinance (AOL.com)]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: DailyFinance
AOL Logo is seeing an early warning sign of an inventory problem, analyst says Share Ethel Jiang Jan 16th 2019 4:05PM Watch trade live. ' The retailer on Tuesday said its increased 1.3% for the nine weeks ended , missing its forecast. "Softer full-price trends set the stage for higher 4Q markdowns and inventory worries," Simeon Siegel, an analyst at Nomura Instinet, said in a note distributed Wednesday. "Inventory levels across the landscape have been worse than they appeared." As consumers are shifting to e-commerce sites, retailers are losing traffic in stores and have to use more discounts to attract online shoppers. But discounts are reducing the retailer's pricing power and make inventory management even harder, according to Siegel. said that it will better position inventory levels by the end of the year and that it expects its annual earnings at the low end of its previously announced range of $3.55 to $3.65 a share said will only deliver $3.54 earnings per share when th
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