U.S. retailer Nordstrom reported declining sales on Tuesday, while also revealing the company missed Wall Street’s revenue expectations in its third financial quarter.
According to Nordstrom, the retailers’ sales dropped 7% year-over-year in Q3.
Nordstrom reportedly pulled in $3.32 billion in revenue in Q3 compared to the $3.40 billion expected by analysts.
However, Nordstrom maintained its full-year sales outlook in the wake of its Q3 results.
