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Nordstrom Inc.'s (JWN) fiscal first-quarter earnings fell 2.7% as higher input costs masked the high-end department store operator's improved revenue, although per-share earnings climbed.Shares slipped 4% to $58.70 after hours as the company also cut its 2014 revenue and same-store sales outlooks.The company lowered its full-year total sales and same-store sales guidance ranges by half a percentage point each, now expecting 4% to 6% growth, and 3% to 5% growth, respectively.For the current period, Nordstrom forecasts per-share earnings to grow by more than 7% at roughly 86 cents, which is just below the 87 cents projected by analysts polled by Thomson Reuters.In the latest period, top-performing merchandise categories included cosmetics, and women's apparel and handbags, while the Northern California and Southwest regions were the best-performing geographic areas relative to the year-earlier period.Nordstrom, benefiting from revived demand for its designer merchandise after a slump fro...
John Lewis , Britain's biggest department store group, said UK consumers were slowly becoming less fearful about their financial prospects, adding to optimism a spat...
National chain store sales edged up 0.7% in the first week of May from April, according to Redbook Research's latest indicator, released Tuesday.The index's increase...
National chain store sales edged up 0.7% in the first week of May from April, according to Redbook Research's latest indicator, released Tuesday.The index's increase...
European shares steadied near multi-year highs in early trading on Tuesday, with sentiment remaining positive on strong results from companies such as EADS and merge...
Crude oil futures rose slightly in Asian trading Tuesday, as investors balanced cues from higher U.S. retail sales and slowing Chinese demand.On the New York Mercant...
Hong Kong stocks rebounded Tuesday after an increase in U.S. retail sales helped support equities on Wall Street, with banks and insurance shares among the gainers. ...
New Zealand retail sales rose less than expected in the first quarter as shoppers remained fairly cautious and as a warmer than usual start to autumn weighed on clot...
The S&P 500 stock index gained marginally on Monday, notching an all-time closing high after data showed a rise in retail sales and as investors mulled when the Fede...
Treasurys ended mostly lower Monday on a stronger-than-expected retail-sales report, capping the largest three-day price drop on 10-year benchmark notes since early ...
U.S. stocks swung between small gains and losses on Monday in choppy trading as investors mulled when the Federal Reserve may begin to scale back its $85-billion-a-m...
U.S. stocks dropped on Monday in choppy trading as investors mulled when the Federal Reserve may begin to scale back its $85-billion-a-month bond-buying program.Stoc...
U.S. stocks turned broadly higher on Monday as an earlier selloff, sparked by talk about when the Federal Reserve may begin to scale back its $85-billion-a-month bon...
The latest batch of economic indicators released on Thursday is likely to bolster concerns that the U.S. economy is in jeopardy of succumbing to yet another spring s...
The number of Americans filing new claims for unemployment benefits climbed last week at the fastest pace in six months, a worrisome sign for the economy which has b...
The number of Americans filing new claims for unemployment benefits climbed last week at the fastest pace in six months, a worrisome sign for the economy which has b...
Deere & Co.'s (DE) fiscal second-quarter earnings rose 2.7%, but the company whittled its sales outlook for the year amid concerns that cool, wet weather in the U.S....
Brazilian retail sales declined for a second consecutive month in March, falling a less-than-expected 0.1% from February, the Brazilian Institute of Geography and St...
Deere & Co.'s (DE) fiscal second-quarter earnings rose 2.7%, largely owing to continued growth in farm-equipment sales in the U.S. and Canada.Shares were down 5% to ...
Deere & Co.'s (DE) fiscal second-quarter earnings rose 2.7%, largely owing to continued growth in farm-equipment sales in the U.S. and Canada.Shares were down 11.2% ...
