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Nordstrom loses $81 million y-o-y in Q4, meets adjusted fiscal outlook

Menswear showed the strongest year-over-year growth in the retailer's fiscal fourth quarter. Image credit: Nordstrom Menswear showed the strongest year-over-year growth in the retailer's fiscal fourth quarter. Image credit: Nordstrom

 

U.S. department store chain Nordstrom reported net earnings of $119 million in its fourth quarter which ended on Jan. 28, 2023, down from $200 million in the period prior.