Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals
Retail TouchPoints
MAY 29, 2020
Costco reported a successful quarter, while Nordstrom and Abercrombie discussed plans to handle the fallout. Net income was $838 million compared to $906 million in Q1 2019, dragged down by $283 million in wage increases and sanitation-related costs. of its locations and plans to have all stores operational again by the end of June.
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