Nordstrom Inc

A Nordstrom store in Irvine, California.Scott Mlyn | CNBCCheck 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…

How well is the American consumer holding up against sky-high inflation? It depends on whom you ask.Four major retailers — Walmart, Target, Home Depot and Lowe's — reported quarterly financial results this week, and they each offered a different perspective on where and how people are spending their money.Walmart said some of its more price-sensitive customers are beginning to trade down to private-label brands, while Home Depot emphasized the resiliency among its customer base, a sizable percentage of which is…