Nordstrom Inc. was not immune to the softening customer demand that has hit other retailers as it reported declines in both its top and bottom lines for the third quarter.
Dick’s Sporting Goods maintained momentum in its third quarter, reporting better-than-expected third-quarter profit and revenue and an unexpected increase in comparable store sales.
Abercrombie & Fitch reported profit and sales declines but still beat Wall Street expectations as its namesake division continues to post impressive gains.
Gap Inc. returned to profitability in its third quarter even as it dealt with inflationary pressures, excess inventory and fallout related to the termination of its contract with Kanye West (“Ye”).