Nordstrom (JWN) Pre-Earnings Assessment: Is This a Fashion Stock to Watch?

Nordstrom’s (JWN) revenue and earnings topped analysts’ expectations in the last reported quarter. The fashion retailer’s long-term outlook looks bright, driven by its diverse product offerings and strategic moves to expand its retail presence. Amid inflation-led bleak demand, should you add this fashion stock to your watchlist before its third-quarter financial release? Read on….

Nordstrom, Inc. (JWN), a leading fashion company, is set to report its third quarter 2023 financial results after the market closes. Analysts expect the company’s revenue and EPS for the quarter (ended October 2023) to decline 3.6% and 35.4% year-over-year to $3.42 billion and $0.13,

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