Q4 Earnings Miss Estimate As Nordstrom Names CEO

As Nordstrom reported its fourth quarter financial results, the company made changes at the top, including the appointment of Erik Nordstrom as CEO and the pruning of its board.

Charges Impact Michaels In Q1

Costs associated with the departure of its former CEO, Chuck Rubin, the closure of the company’s Pat Catan’s stores and lower comparable sales were factors that hit Michaels first quarter financial results.

Amazon Surges In Q1

Amazon surged past expectations in its first quarter, with both sales and earnings growing significantly. The company also revealed plans to push expansion of Prime free one-day delivery.

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