How Holiday Sales Reversed Nordstrom's (JWN) Revenue Graph?
Top line gains can mainly be attributed to growth in Nordstrom’s full-line and Rack stores compared with the year-to-date sales performance. Meanwhile, its top line remains challenged due to decelerating rate of sales growth at Nordstrom Rack in recent quarters and soft sales at full-line stores. It has a long-term earnings growth rate of 7.5%. It has a long-term earnings growth rate of 12%.