Shares of Nordstrom (JWN) may be on the move in Friday’s trading session, after the retailer reported its latest quarterly financial results. For the first quarter, the company earned $0.66 a share on revenue of $3.22 billion. The company beat on the top line, but missed analysts’ estimates on the bottom line. The department store chain also reiterated its full-year earnings, net sales, and same store sales forecasts. The stock finished the regular session in the red, but the stock was climbing to trade in positive territory following the earnings release. TheStreet’s Kurumi Fukushima reports in New York.
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