Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / nordstrom promising sales growth but margin pressure

TJX - Nordstrom: Promising Sales Growth But Margin Pressures Remain A Challenge

TJX Companies Inc.

2024-06-09 12:33:36 ET

Summary

  • Nordstrom's off-price business, Rack, has outperformed the rest of the company, leading to mixed views on its future growth.
  • Rack's sales growth has been driven by consumers returning to the business, attracted by improved merchandise and store experience.
  • However, the growth in Rack may put pressure on margins, and the company's high debt levels and operational challenges remain concerns.

...

For further details see:

Nordstrom: Promising Sales Growth, But Margin Pressures Remain A Challenge
Stock Information
Company Name: TJX Companies Inc.
Stock Symbol: TJX
Market: NYSE
Menu
TJX TJX Quote TJX Short TJX News TJX Articles TJX Message Board
Get TJX Alerts

News, Short Squeeze, Breakout and More Instantly...