Nordstrom's Robust Holiday Show Fails To Woo Investors

Nordstrom Inc. JWN has concluded a dull 2017 on a strong note, reporting modest improvement in sales and comparable store sales (comps) for the combined months of November and December, which primarily comprises the holiday season. This year's holiday season has brought gifts for most retailers, remedying the jolts witnessed in 2017 and raising hopes for a spectacular 2018.

However, the solid holiday season feat and the resulting raising of guidance didn't impress investors' much. Consequently, Nordstrom's shares fell 1.1% in the after-hours session on Jan 9. Looking back, the company has gained 11.5% in the last three months, underperforming the industry's growth of 21.6%.