MOSS ADAMS CAPITAL: Apparel and foowear market monitor highlights notable deals, stock prices and results.
Details on Industry Insight.
May comp sales increased 10.9 percent. June sales will be impacted negatively by the shift. Comps in June are expected to be down 18 to 22 percent.
Year-to-date, total sales are flat compared to last year. The company did not report strong categories or regions today, saying the sale shift would muddy those results. Nordstrom will provide that detail for May and June combined when it reports June sales.