Department-store chain Nordstrom (JWN) on Tuesday boosted the low end of its full-year projections, although it warned that there wa𒅌s a “noticeable decline” in sales trends at the end of last month.

The retailer, which is weighing a plan by its founding family to 澳洲幸运5官方开奖结果体彩网:take it private, 🦹also reported higher-than-estimated third-quarter results. 

“While we are excited about and well-prepared for the holiday season, there was a noticeable decline in sales trends towards the end of October,” 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Erik 💮Nordstrom said in the company’s earnings call, a transcript of which was made available by Alpha🙈 Sense. 

Nordstrom posted a modest gain in th💯ird-quarter revenue to $3.46 billion and net income of $46 million, down from $67 million in the same period previously. The results beat revenue projections of $3.35 billion and net income of $33.9 million, according to consensus estimates from analysts polled by Visible Alpha. 

Nordstrom Lifts th𝄹e Lower Level in Its Outlook Range

The department stor꧟e operator also raised the low end of its projections for growth for the full year.

"Our actions throughout this year have led to this moment, and we feel well-positioned for a successful holiday season and look forward to helping our customers celebrate the moments that matter,” Pete Nordstrom, the company's president, said in a statement.

Nordstrom said its full-year 澳洲幸运5官方开奖结果体彩网:comparable store sales would be in a range of 1% to 2%, 澳洲幸运5官方开奖结果体彩网:versus the flat to 2% growth range it announced in August. Full-year revenue is projected within a꧂ range of flꩵat to up 1%, versus 1% decline to 1% growth previously. 

Nordstrom shares are falling 0.6% in premarket trading but are up by a third this year.