Shannon Stapleton | Reuters See the companies making headlines after the bell: Nordstrom — Shares of the department store fell more than 12% in extended trading after the company cut its full-year financial guidance. Nordstrom said it is facing a surplus of inventory that it must discount to get off the shelves. The company reported second-quarter financial earnings and sales ahead of analysts’ estimates. Urban Outfitters — The clothing retailer saw its shares fall about 3% in after-hours trading after missing earnings. Urban Outfitters reported quarterly earnings of 64 cents, missing the 68 cents analysts were looking for, according to Refinitiv. Its revenue came in at $1.18 billion, in line with expectations. La-Z-Boy — Shares of the furniture retailer jumped as much as 9% in extended trading after its quarterly profit and sales beat estimates. La-Z-Boy said its retail division sales rose 30 percent to $236 million, setting an all-time quarterly record.
