Nordstrom surges above 10% on strong Q2 results

Fashion retailer Nordstrom (JWN) reported strong second-quarter results after the closing bell. The company witnessed a 7% jump in revenues reaching $3.98 billion and earnings of $0.95 per share surged 46%, topping analysts’ estimates on both metrics. Backed by strong results, the company raised its 2018 outlook. As a result, shares of the retailer spiked above … Continue reading Nordstrom surges above 10% on strong Q2 results