Liverpool detailed in the document that the total amount invested was funded with cash surpluses. In its financial report for the second quarter of the year, the company reported a cash flow of 23,557 million pesos. 4.7% of this balance was invested in foreign currency, mainly in dollars.
Nordstrom is a leading department store company that began operations in 1901 as a shoe store in Seattle, Washington. currently has more than 350 Nordstrom and Nordstrom Rack storesboth in the United States and Canada.
During fiscal year 2021, Nordstrom’s total revenue closed close to $14.8 billionits profit before interest and taxes (EBITA) was 492 million dollars and its net income was 178 million dollars.
Meanwhile, total revenues for the second quarter of El Puerto de Liverpool increased 13.4% to 42,560.2 million pesos, from 37,537.8 million in the same period of 2021.
The controlling net income was 4,474 million, 48.1% higher than the previous year. The operating flow, or EBITDA, for this period reached 7,784 million, 28% above 2021, according to its financial statement.