Nordstrom, Inc, luxury retailer today reported net earnings of $212 million, or $0.92 per diluted share for the fourth quarter compared to $232 million and $0.89 per share a year ago. Total sales in the fourth quarter were $2.5 billion, a decrease of 4.4% compared to sales of $2.6 billion in 2006. Fourth quarter same-store sales decreased 0.7%. The company had guided flat same store sales growth in the fourth quarter. |
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