Feb 23 (Reuters) - Nordstrom Inc reported a 2.4 percent rise in quarterly sales as the apparel retailer’s off-price stores attracted more customers, sending its shares up 3.6 percent in extended trading on Thursday.
The company’s net income rose to $201 million, or $1.15 per share, in the fourth quarter ended Jan. 28 from $180 million, or $1 per share, a year earlier.
Net sales increased to $4.24 billion from $4.14 billion.
The retailer came under fire from U.S. President Donald Trump this month for saying that it would stop selling his daughter Ivanka Trump’s apparel, citing a drop in demand. (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Anil D‘Silva)