Stock briefly had a 19-handle AH. Earnings decent, forward guidance not so much. The problem is, the Swedes are honest businessmen, investing in their stores, not financial engineering.
Is everyone back in the office? Anyone? Layoffs over Zoom?
3 replies (most recent on top)
How are BevyUp and MessageYes working out? Are these the secret weapons that will guide and protect the company in the dark days ahead?
Tech companies are very exciting, and Nordstrom’s history of m&a in this sector is admirable.
friend who works there says no bonus due to financials. Rack is usually more profitable, but economy is driving people to shop at Walmart, Target, etc...
Layoffs are coming very soon.