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Beauty Led Nordstrom Sales for Q2 2016

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Beauty results assisted Nordstrom's sales.

Beauty and shoes were the best performers for Nordstrom in the second quarter, with net earnings totaling $117 million and net sales of $3.6 billion, which is a decline of a 0.2% year-over-year. The Midwest was the top-performing geographic region.

"Over the past several quarters, our team has been actively addressing our inventory, expense and capital, and in the second quarter, made substantial progress by bringing down inventory in-line with sales," said Blake Nordstrom, co-president, Nordstrom, Inc. "Those efforts, along with the strength of our Anniversary Sale and a great response from customers to that event, drove better than expected results for the second quarter."

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