Business briefs for May 20, 2003
Tuesday, May 20, 2003 | 11:08 a.m.
Nordstrom:
Nordstrom Inc. reported a return to profitability in its first quarter ended May 3, earning $27.2 million, or 20 cents a share, compared with a loss of $24.6 million, or 18 cents a share, a year earlier.
Home Depot:
The Home Depot Inc. reported today a 6 percent rise in first-quarter earnings and its shares climbed nearly 10 percent in morning trading. Home Depot, the nation's No. 1 home improvement chain, said earnings improved to $907 million, or 39 cents a share, for the three months ended May 4 compared to earnings of $856 million, or 36 cents a share, in the same period last year.
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