Nordstrom Inc. (JWN – Analyst Report) posted yet another quarter of better-than-expected results yesterday. Both top and bottom lines of the upscale department store operator improved year over year in the third quarter of fiscal 2014. We believe the company’s customer strategy proved effective leading to growth across channels along with efficient inventory and expense management.

The company’s third-quarter earnings of 73 cents per share came ahead of the Zacks Consensus Estimate of 71 cents and in line with company’s expectations. Earnings also rose 5.8% from the comparable prior-year quarter.

Nordstrom, Inc – Earnings Surprise | FindTheBest