UPDATE 1-Nordstrom profit matches view, outlook unchanged
* Q2 EPS 66 cents matches Street view
* Overall sales up 12.7 pct
* Sees Q3 same-store sales
* Maintains 2010 profit outlook
* Shares down 2.8 percent
SAN FRANCISCO, Aug 12 (Reuters) - Nordstrom Inc (JWN.N) (JWN.N) reported a higher quarterly net profit that met Wall Street expectations, but the company did not raise its previously announced 2010 profit outlook and its shares fell 2.5 percent.
The upscale department store operator also lowered its 2010 expectations for credit card revenue for the full year.
Net income in Nordstrom's second quarter that ended July 31 was $146 million, or 66 cents per share, up from $105 million, or 48 cents per share, a year ago.
Wall Street analysts on average were expecting earnings of 66 cents a share, according to Thomson Reuters I/B/E/S.
Revenue rose 12.7 percent in the quarter to $2.42 billion, helped by an 8.4 percent same-store sales rise. Analysts had been expecting revenue of $2.40 billion.
Nordstrom maintained its full fiscal year profit forecast of $2.50 $2.65 per share.
But it said revenue from its credit card unit would rise $25 million to $35 million for the full year, below an earlier expectation of $35 million to $45 million.
Nordstrom shares fell 2.8 percent in after-hours trading to $32.50 after closing at $33.44 on the New York Stock Exchange. (Reporting by Alexandria Sage and Phil Wahba; Editing by Richard Chang)
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