Nordstrom raises sales outlook after holiday season was better than feared

1. Nordstrom raised full-year sales outlook after stronger than expected holiday sales. 2. Revenue growth now expected at 1.5% to 2.5%, up from flat to 1%. 3. Comparable sales rose 5.8% during the nine-week holiday period. 4. Net sales at Nordstrom Rack increased by 7.4%, outperforming expectations. 5. Founding family plans to take Nordstrom private with a $6.25 billion deal.