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Reuters

Reuters

Business

Business & Economics

Nordstrom beats holiday-quarter sales estimates; CFO jumps ship to Starbucks

Reuters
Summary
Nutrition label

83% Informative

Department -store operator Nordstrom beat Wall Street expectations for quarterly comparable sales.

Chief Financial Officer Cathy Smith will join Starbucks as its finance chief.

Nordstrom family teamed up with Liverpool late last year to clinch a $4-billion deal to take the chain private.

The company reported fourth-quarter comparable sales growth of 4.7% , compared with an estimate of 1.25% .

VR Score

93

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98

Neutral language

98

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formal

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English

Language complexity

59

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not offensive

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not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

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short-lived

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