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0.000487171159467378 5.41301288296574E-05 -0.00129912309191301 -0.000108260257659469 0.00508823210999241 0.00833603983977478 0.00508823210999241 -0.000541301288297035
Stock impact report

Nordstrom Rack: A Huge Opportunity for Nordstrom Investors [The Motley Fool]

Ross Stores, Inc. (ROST) 
Last ross stores, inc. earnings: 3/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rossstores.com
Company Research Source: The Motley Fool
Many retail stocks have been crushed by the COVID-9 pandemic, with department stores and other apparel-focused retailers being particularly hard hit.Nordstrom(NYSE:JWNOff-price retail stocks also plunged in the early days of the pandemic. However, they bounced back quickly, as investors concluded that they would gain market share in the aftermath of the pandemic. For example, shares of No. U.S. off-price retailerRoss StoresNASDAQ:ROSTData source:YChartsYet Nordstrom itself operates a substantial off-price business, consisting of Nordstrom Rack and HauteLook. In punishing Nordstrom stock this year, investors appear to be forgetting about the value and long-term potential of the company's off-price operations.Off-price stocks bounce back -- but not NordstromWhile off-price retail has grown rapidly in recent years, the segment was hit especially hard by the COVID-9 pandemic. Most off-price stores were classified as non-essential and forced to close in mid-to-late March. Aggravating matt Show less Read more
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