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Stock impact report

Nordstrom pops after a big gain in digital sales [CNNMoney.com]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: CNNMoney.com
Nordstrom racks up big gain in digital salesAmazon isn't the only online shopping king based in Seattle. It looks like you can add fellow Seattle native Nordstrom to the list of retailers that have figured out how to sell things over the internet. Lots of things.Nordstrom reported results for the second quarter after the closing bell Thursday that topped Wall Street's forecasts, led by a 23% jump in digital sales. Nordstrom added that digital revenue now accounts for more than a third of its overall sales.Nordstrom also raised its earnings outlook for the remainder of the year. Shares of Nordstrom(JWN)soared 13% on Friday.Nordstrom is the latest retailer to report solid results this week, joining Walmart (WMT)and Coach-owner Tapestry (TPR).Walmart also reported healthy digital growth earlier Thursday and that was a big reason why its overall results were so good.Walmart's strong report helped fuel a nearly 400-point pop in the Dow as well.Nordstrom's results come a day after rival M Show less Read more
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