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NORDSTROM CRUSHES EARNINGS; STOCKS SURGE

In Industry News, What's New by Lauren Parker

Nordstrom released its second quarter earnings, beating analyst expectations. Highlights included unadjusted earnings of $0.67 per share against analyst expectations of $0.57 a share. Total company net sales decreased 0.2%, revenue fell just a bit short at $3.65 billion versus projections of $3.68 billion. Comp sales fell -1.2%, but that was …

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KOHL’S NARROWS LOSS IN Q2 REPORT

In Industry News, What's New by Accessories Staff

Kohl’s released its earnings and while the company admitted results fell below its own expectations, reaction on Wall Street caused shares to soar after the big-box retailer beat estimates for second-quarter revenue and profit. The chain’s stock surged 10% in pre-market trading to $41.83 after the company posted a 7.7% increase …

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KORS ANNOUNCES Q1 2017 RESULTS

In Industry News, What's New by Lauren Parker

Michael Kors Holdings Limited has released its financial results for the fiscal 2017 first quarter ended July 2, 2016. Highlights: Total revenue increased 0.2% to $987.9 million from $986.0 million in the first quarter of fiscal 2016. On a constant currency basis, total revenue was flat versus the prior fiscal …