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Nordstrom boosts profit, revenue 3Q
Seattle -- Nordstrom has surpassed Wall Street estimates with an unexpected jump in profit and sales for the quarter ended Nov. 1. The department store retailer reported a profit of $142 million for the third quarter, up from $137 million in the year-ago period. Sales jumped 9% to $3.14 billion, beating the expected $3.11 billion in revenue. Same-store sales rose 3.9%.