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I need help creating a thesis and an outline on Investment theory and analysis. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required.
I need help creating a thesis and an outline on Investment theory and analysis. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. "The Reported Amount reflects a value of $0.02 Per Share of Data Center Relocation Costs." SEATTLE (BUSINESS WIRE) May 13, 1999. Nordstrom, Inc. also reported diluted earnings per share of $0.22 for its first quarter, ending April 30, 1999.
Nordstrom's Earnings per share increased by 33%, to 52 cents a share, about a penny more than the analysts at Wall Street had expected. There has also been an increase in sales to about 12% in the fall, amounting to about $1.87 billion. Sales at locations open at least a year (same-store sales), have also increased to an impressive 11%. Nordstrom's Catalog sales gained the most, increasing as much as 30%, followed by sales at the company's discount stores, which increased by about 11%, and sales at the full-line department store, which went up by nearly 9%.
This reported amount reflects a value of $0.02 per share of non-recurring costs related to the resettlement of Nordstrom's data center from Seattle, Washington, to Denver, Colorado. Earnings per share also went up by 4.8 percent, above the $0.21 recorded between January and April last year. The company's Net earnings dropped by 2.5 percent, as compared to Net earnings of $31.5 million in the prior year. Company sales also dropped by 0.1 percent, from last year, and totaled $1.0 billion.
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Nordstrom, Inc. has an Internet presence at http://www.nordstrom.com, and the company's total square footage is 13,813,000. The company's Chairman and Chief Executive Officer, John Whitacre said "We were neither satisfied nor surprised with our first quarter performance.