
Nordstrom, Inc (NYSE:JWN) and Urban Outfitters, Inc (NASDAQ:URBN) were soaring over 11% and 9%, respectively, on Wednesday after the retailers reported first-quarter financial results.
For the first-quarter 2022, Nordstrom reported a loss of 6 cents per share, which slightly missed the consensus estimate of a loss of 5 cents and revenues of $3.46 billion, beating the $3.28-billion estimate.