Retail is a hard market, but Nordstrom (NYSE:JWN) makes it look pretty easy. What can investors expect from this retail company?
Today on Investor Beat, Chris Hill and Motley Fool analyst Ron Gross discuss the department store chain. Chris says that with a strong quarterly report showing good numbers across the board, from its brick-and-mortar locations to catalog and online sales, Nordstrom is an all-around winner today. Ron offers that the company's net loss doesn't look great, but is understandable as the company spends more on areas such as technology and its expansion into Canada. Furthermore, Ron believes these expenses will pay out later on.
Chris Hill has no position in any stocks mentioned. Ron Gross has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.