Nordstrom (JWN) took a writedown on Trunk Club, but traders still wanted into the stocks due to its lean inventory and good sales, says TheStreet's Jim Cramer. Nordstrom's third-quarter earnings came in at $0.84 a share excluding one-time items, trouncing Wall Street forecasts for $0.51 a share. Nordstrom's bottom line was boosted by efforts to cut costs online and better manage store inventory. Total sales rose 7.2% from the prior year to $3.54 billion. Analysts expected $3.48 billion. Similar to other department stores in the mall such as Macy's (M) , Nordstrom saw improving demand for apparel despite a warmer than expected autumn.
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