Shares of Nordstrom Inc. (JWN) are slipping over 10% on Wednesday morning after the department store chain reported a loss for the first quarter that was wider than Wall Street analysts' estimates.
JWN is currently trading at $32.57, down $3.91 or 10.72%, on the NYSE.
For the first quarter, Nordstrom reported a loss of $166 million or $1.05 per share, narrower than last year's loss of $521 million or $3.33 per share. Loss for the quarter included a debt refinancing charge of $0.41 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.