Nordstrom Shares Dip Ahead of Earnings Report: Is It a Buy?

Nordstrom shares are down Tuesday morning ahead of the company’s second-quarter earnings report. Analysts expect the company to report earnings per share of 71 cents on revenue of $3.896 billion. While Nordstrom exceeded sales expectations in the first quarter, its profitability fell short. This article explores factors to consider when deciding whether to buy Nordstrom stock, including its dividend, buyback program, and recent stock performance.

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