BI: Nordstrom reported fourth-quarter revenues and earnings below expectations on Thursday, with weak guidance. The shares tanked as much as 7% in after-hours trading.As part of its fourth-quarter earnings announcement, the upscale fashion retailer said it expects full-year adjusted earnings per share (EPS) of between $3.10 and $3.35, but analysts had expected up to $3.55, according to Bloomberg.
The American consumer has no discretionary spending.
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