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This outlook “positions this year as an inflection point of-long term profitable growth” for the company, said Anne Bramman, Nordstrom CFO. Nordstrom executives expect investments like personal clothing service Trunk Club and HauteLook, which powers Nordstrom Rack’s website to mature in the coming years, contributing to the bottom line, rather than eating away at it. Nordstrom shares slumped 6 percent as the event unfolded but recovered slightly as the day went on. The company’s confident outlook comes just a few months after it suspended plans to take the

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