Nordstrom racks up big gain in digital sales [CNNMoney.com]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: CNNMoney.com
The truth about the retail apocalypse Amazon 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 has 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 more than 10% in after hours trading on the news. 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 w
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- Macy's, Inc. (NYSE: M) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
M
Earnings
- 2/27/24 - Beat
M
Sec Filings
- 4/15/24 - Form ARS
- 4/15/24 - Form DEF
- 4/10/24 - Form 8-K
- M's page on the SEC website