Nordstrom and Kingold Jewelry Shares Soar Higher after First Quarter Results

Nordstrom Inc. (NYSE: JWN) has reported a strong first quarter announcing that it has earned 72 cents per share on revenue of $2.93 billion for the period. This exceeded the 68 cents and $2.86 billion that analysts polled by FactSet were anticipating. The company said that it benefited from improved sales and it stood by its full-year forecast. Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It operates in two segments, Retail and Credit. The Retail segment offers a selection of brand name