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US Q3 in brief - Cato Corp, Nordstrom, Burlington Stores

2020-09-23 18:35:00| Daily apparel & textile news and comment - from just-style.com

The latest third-quarter filings from US apparel and footwear brands and retailers are a mixed bag, with some companies beginning to recover from the market disruption caused by the Covid-19 pandemic, while others are continuing to struggle. Urban Outfitters has seen profits jump 38%, while L Brands is back in the black, and Shoe Carnival has delivered the most profitable quarter in its history. Elsewhere, American Eagle Outfitters saw net income fall 28%, and Chico's FAS widened its net loss.

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