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More Squawk from Jim Cramer: Nordstrom (JWN) Quarter 'Very, Very Good'

NEW YORK (TheStreet) -- Shares of Nordstrom (JWN) were jumping 8.35% to $51.53 in mid-morning trading on Friday after the department store reported better-than-expected earnings for the 2016 second quarter.

"It was a very, very good quarter," TheStreet's Jim Cramer said on CNBC's "Squawk on the Street" this morning.

Nordstrom's anniversary sale "turned out to be very, very strong," Cramer added, saying that the company's off-price chain Nordstrom Rack was also very strong.

The retailer was "very...