Nordstrom Digital Sales Rise 23% In Q2, Now Accounting For 34% Of All Sales

Digital sales led a strong quarter at Nordstrom, rising 23% in Q2 2018, up from a 20% increase in Q2 2017. Digital sales now account for 34% of all sales at the retailer, up from 29% a year ago. Other highlights of the financial results include:

  • Net revenue was $4.1 billion, up 7.1%; and
  • Fiscal 2018 adjusted earnings per share (EPS) reached $3.50 to $3.65.

The retailer’s loyalty program was part of the…