A Nordstrom store in Irvine, California.
Scott Mlyn | CNBC
Check out the companies making headlines after hours.
Nordstrom – Shares jumped 7% after the retailer surpassed earnings expectations and raised its full-year outlook. Nordstrom CEO Erik Nordstrom said the company has experienced a surge in demand from shoppers refreshing their closets for “long-awaited occasions.”
Urban Outfitters – Shares initially dropped 1.7% after the retailer reported an earnings miss. Urban Outfitters’ CEO said rising costs offset revenues. The company earned 33 cents per share on revenues of $ 1.05 billion, according to FactSet. Analysts polled by Refinitiv were expecting earnings of 42 cents per share on revenues of $ 1,068 billion.
Intuit – Shares popped 3% after the financial software company topped earnings expectations. Intuit reported revenues of $ 5.6 billion, as compared to consensus estimates of $ 5.514 billion from Refinitiv.