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Fashion specialty retailer Nordstrom, Inc. ( JWN ) late Thursday posted second quarter earnings results that beat Wall Street's view and lifted its full-year outlook.

The Seattle-based company reported second quarter net income of $156 million, or 75 cents per share, compared with $175 million, or 80 cents per share, in the year-ago period.

Revenue rose 7% from last year to $3.01 billion.

On average, Wall Street analysts expected a slightly smaller profit of 74 cents per share, albeit on slightly higher revenue of $3.02 billion.

Looking ahead, JWN said it now expects full-year 2012 earnings of $3.40 to $3.50 per share, up from a prior outlook of $3.30 to $3.45. Analysts are currently looking for $3.45 per share for the year.

Nordstrom shares rose 82 cents, or +1.5%, in premarket trading Thursday.

The Bottom Line
Shares of Nordstrom Inc. ( JWN ) have a 1.96% dividend yield, based on today's closing stock price of $55.08. The stock has technical support in the $50 price area. The shares are trading near all-time highs.

Nordstrom, Inc. ( JWN ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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