Nordstrom Inc. and Urban Outfitters Inc. were soaring over 11 percent and 9 percent, 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.
