Rack

Following the release of first-quarter results by Nordstrom, Inc. (NYSE: JWN), Baird said lower comps at its Canadian stores could be weighing on growth — a trend that should be watched, as the company prepares to launch Rack stores in Canada, beginning next year. Canadian Worries The firm...

Nordstrom (NYSE: JWN) is down more than one percent after announcing the firm's third quarter results. The retailer reported a Q3 EPS of $0.69 versus the Street estimate of $0.66. Earnings per share were down three percent from the year-ago period. Revenue arrived at $2.88 billion versus the...