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Nordstrom Q1 Sales Rise

First quarter sales at Nordstrom were up more than 5% as comparable store sales grew slightly.

For the three months ended April 29 sales were $3.46 billion, up from sales of $3.28 billion in the comparable quarter the previous year. Net earnings were $87 million up from net earnings of $63 million in the comparable quarter in 2017. Earnings per diluted share were $0.51, compared to $0.37 in 2017.

Company officials said e-commerce sales increased 18% in the first quarter and noted that digitally enabled sales represented 29% of first quarter sales.

As of May 5, the company had 373 stores, up 20 over the previous year. The growth in stores was largely the result of the expansion of its Nordstrom Rack off-price locations in the U.S.